They cannot be too confident. In the earnings call, they admitted to selling contracts at a lower margin, and skated around every question involving there total lack of ability to land a contract. Same old responses about a quality pipeline full of wonderful new projects. I have to wonder how many of the 25 or so consultants on "furlough" would be available if a large contract were signed. I have to believe many, if not most, of them are actively seeking new jobs. As to their stock buyback, they seem to be trying to hold the price for their own benefit. To me, it is a waste of their cash reserves.