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Re: Iz aka MP1973 post# 120215

Sunday, 07/18/2010 10:36:58 PM

Sunday, July 18, 2010 10:36:58 PM

Post# of 131532
What makes people think the company all of a sudden has 20k extra in their budget now that RT is cancelled? If I understood the conference call correctly, they were loosing up to 20k per month on RT. This means the deficit was covered by other divisions, debt, or both. I wouldn't think the company is going to sink 20k per month into a stock buyback but I may be wrong. If I were them, I would buy a small portion each month for a long time, even if it were 500,000 or 1,000,000 shares per month. They still have other things to focus on other than a stock buyback with their cash. JMO.

Chakkra