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Re: ziploc_1 post# 437

Monday, 09/18/2006 10:56:22 PM

Monday, September 18, 2006 10:56:22 PM

Post# of 2446
Re: dividend

"I feel that the shareholders would have been better served by a $2.00 per share dividend"

SRDX could still do a dividend, but I don't think the board would want to. A dividend would change the perception of SRDX as a growth stock in an unfavorable way, IMHO. Although a $2 dividend would be bad for shorts and good for shareholders in the short term, a stock buyback makes the company stronger, which is good for the long term. A buyback (I think management is correct that $35 a share is undervalued) will hopefully be much more profitable than earning interest, and safer than "strategic investments". I like it.

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