I agree, on the conference call share buybacks did not seem likely at all. I've talked about this before where I don't mind acquiring more of this stock for the next year if prices remain low and they do decide to put the money into growth, however, I am aware most would like to see prices rise ASAP and that a share buyback would probably be the most effective. Next call I may jump on and try to explain to him that the only reason a share buy back is to be done, is if the money can't be put to better use anywhere else in the company. I think people need to understand that setting up a network, presence, and growth as quickly as possible is important in terms of competition and establishing/maintaining market share (so share buyback is not as obvious as some would point out), but in terms of pure return on investment, there IS NO HIGHER RETURN than the one he will get from buying his own stock right now.
