RE:Thoughts? No no I am on the same boat as you LWillindon but in a different compartment CVX this yearncould earn easy .05c per share This means they could use the cash to acquire another company They could use portion of the cash to buy back their share. However next year if all things continue to go well and get better, they could earn between .08c-.11c per share They can use the cash for multiple purposes. Buy back shares and acquire If you take out say 20% of the shares then your earnings PER SHARE INCREASES QUITE DRAMATICALLY