This management will never be that bright or bold. If I were in charge I would announce a buyback of up to $200 million...but would only use it if (or when) generics launch and share price gets slammed...then I would begin buying back stock. Of course, if I were in charge and if I had a BP looking at a BO I might buyback shares to reduce the share count in order to drive a higher per share takeover price. Sadly, this management has no initiative.