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Biotech / Medical : T/FIF, a New Plateau

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To: keokalani'nui who wrote (1797)3/6/2003 9:55:11 PM
From: Spekulatius   of 2243
 
SGP dividend -
I think the fools got it right and SGP will hold its dividend
fool.com
SGP is comfortably in a net cash position and generates free cash flow even after through the business fundamentals have deteriorated. I think they will hold the dividend, the yield of 4.2% is now attractive enough to create a floor for the stock. I assume that a dividend cut would put the stock price under pressure even more, as it is widely regarded as a sign that business will remain miserable for the foreseeable future. I think that SGP is close to becoming and attractive stock based on takeover potential, with Merck being the most likely contender.
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