Re: I prefer share repurchaes... emtnester
in response to
by
posted on
Feb 03, 2010 05:11PM
"2. As we're building cash once we get to over 25-30 Mm I'd start buyjng back as many shares as quickly as possible hoping to get an average price of .15-20. PPS for them; with the understanding that this could take 4-8 quarters with a goal of reducing the OS to 200MM. that would cost us...all of that 20-30Mm or more...which could come from.."
You think over the next 4 to 8 quarters if we are approaching 200mm shares repurchased we would still be in the .15-.20 range??? Buying them as quickly as possible would likely cause the share price to rise as well. We would quickly exit the .15-.20 range if we had enough extra money to make purchases as you suggest. .15-.20 over the next 4 to 8 quarters. Please! My heart!