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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: brushwud who wrote (3677)2/15/2008 10:33:27 AM
From: BWAC  Read Replies (1) of 3813
 
<Share buybacks are the worst thing in the world. If they have excess cash, they should pay cash dividends. >

Blanket statement. But what if, as in the case of NVLS, outstanding shares ae being decreased thru the buyback? As opposed to just keeping up with the dilution caused by option gifts to management ala INTC.
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