"We strongly believe one or more strategic opportunities will come along we're in a unique position to take advantage of,"
"We don't let the cash burn a hole in the pocket or make stupid acquisitions. We'd like to continue to keep our powder dry because we think there are one or more strategic opportunities in the future."
Some examples of the recent speculation:
I doubt that most or any of these larger acquisitions are wise or even necessary. It will be very interesting to watch if all that capital can be put to use productively in the coming years.
A nice problem.