Thursday, August 17, 2017 1:56:19 PM
1. Complete the buyback already in place.
2. Declare a special dividend immediately.
Frankly, buy backs in my mind may temporarily boost share price but in time that boost goes away, especially in this market as far as our share price goes.
A dividend increase or special dividend on the other side shows support to the shareholders who show their support in the company.
And regular dividend increases, or some annual sharing of income via special dividends gives credence to the company's future.
Not addressing the needs of the shareholders, while doing nothing in terms of new business and rewarding insiders for a mediocre job is in my opinion an insult to the shareholders.
Give us 1, 2, or 3 smaller Tier 4 licenses a guarter, while trying to hook the big fish, would show that the company and its best in class sales team isn't sitting on its arse.
The little fish are important in the food chain. Look at what is happening with Apple and Qualcomm as well as other Apple related suppliers. Losing a big fish can demolish the share price, ala Qualcomm.
JMO
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