Investors usually cheer when a tech company announces a stock buyback, but does that mean...

|By:, SA News Editor

Investors usually cheer when a tech company announces a stock buyback, but does that mean they're always good ideas? Netflix (NFLX), which bought shares at much higher prices than the price it now plans to issue them at, is an egregious example of a misguided buyback, but others also exist. H-P (HPQ), for example, might not be contending with balance sheet concerns if not for its billions in buybacks.