I feel that the shareholders would have been better served by a $2.00 per share dividend than by a buy back of $35 million . About 20% of the stock is presently out short. A $2.00 dividend would have caused even more short covering, favoring the sharehoders with not only an increase in share price but cash as well. If we see insider dumping during the buyback, I will be even more convinced that a dividend would have been preferable.
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