Anyone still think that a .02 dividend to shareholders and qualified warrant holders is stronger than buying back shares and reducing the float?

Now there may be sound strategic reasons for the company to issue dividends (with a preference to S & L). And I imagine that the SEC would frown on the company purchasing shares with advance knowledge of a pending Alliacense deal.

But at these prices I think that the shareholders should encourage the company to be more aggressive with the share repurchase program. Perhaps the company could use part of the Nokia money to buy a large block from S & L. That would show strength and belief in the company.