### Comment:
At the analyst day the cfo basically said the share price was too low so they were going to do buybacks now instead of divs

### REPLY:
Well it doesn't have to be all one or the other, and i agree a buyback is more potent to true shareholder value at the current valuation.  I mean to say a dividend would force it to be valued by the div yield.  I would think whatever div they give the price would move so yield is 3-5%

### END.