RE:RE:They was desperate for capitalFact of the matter is, they're going to need to (or atleast they should) chisel away substantially at the $320M in net debt before any talk about dividends or buy backs.
That being said, buybacks are definitely a much more conservative and sustainable way of returning capital to shareholders, in that there is no formal obligation that they must buy back a fixed number of shares (its largely at the company's discretion), rather than a dividend, which once implemented, the market expects it to be maintained and grown.
ariesleaf wrote: You can wave Divide Goodbye You can wave sharebuy back GoodBye Also be sure to wave the Target $12.00 a very Goodbye