With the huge amount of net cash on hand, why does VSH management continue to miss these buying opportunities to buy back stock at reduced valuations. To me, this shows an incompetence that has persisted for years.
Tells me NTAP will miss on earnings on May 20. However, I see any drop to under $34 as a buying opportunity. Balance sheet is strong, and the buyback supports the stock at the $33-34 levels.