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Cirrus Logic Inc. Message Board

  • morshniki morshniki Jan 25, 2013 3:55 PM Flag

    Buyback philosophy

    Thought this quote from CEO Rhodes during the call was telling:
    Well, our general view is that we should be pretty conservative from an implementation of a buyback point of view. We are opportunistic about it. When we believe that the fundamentals are really disconnected from the sentiments that’s out there in the market, we see that as a good opportunity, which is why we announced and then executed part of the buyback.

    Sentiment: Strong Buy

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