as of last qtr.If IDC is buying here we can reduce outstanding shares by another 4M or so.That reduces the overall by about 10% thus increasing our EPS on current revs versus dilution from vested stock options. I'd expect IDC to buy all they can at this price!
Buying shares to raise EPS may look good on paper but in the last analysis it is EPS growth that drives the stock price not the EPS value. So we should be focusing on EPS growth and whatever available data support strong EPS growth over the next several years. My opinion of course.
If they're not buying all they can get at this level, it's because they are still curled into a fetal position from the miscalculation of the century (at least I hope the Nokia non-negotiation will turn out to be their worst mistake of the century -- I'd hate to be around for a bigger one).