I got response today from David Allen at Investor Relations. This is what I wrote: Is this share buyback ever going to really occur and if so can you give me an timeframe? Also will any new shares be issued to compensate? So far your company does not seem shareholder friendly, only the insiders are getting rich. His response: Rob,
Thank you for the note. As we discussed on our May 3rd conference call (audio and slides available on the Financial Events page of IR section of SiliconImage.com), the company is authorized to buy back up to $100 million of shares over a three year period. The company has taken steps to begin that process this quarter and will provide an update on its activity when Q2 results are reported.