Willis, exactly. The company I mentioned which announced the buyback said that " Acquisitions of stock under the repurchase plan will be made from time to time as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. The repurchase program will be funded by the Company's available cash. The plan will continue as long as periodic management reviews determine it to be fiscally feasible and may be discontinued at any time."
It was simply an annoumcement with no hard timeline. If they make a firm commitment to buy back as cash permits, then we can become believers. They have to absolutely show that they can be trusted and ultimately do what's in the best interest of the stockholders.