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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 21.67-2.1%3:59 PM EST
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To: The Duke of URL© who wrote (2676)3/6/2003 5:37:27 PM
From: Dave B  Read Replies (2) of 4345
 
Duke,

Remember, that even a good company borrows from time to time if the proceeds can be applied to a purpose that will garner a greater return than the coupon rate.

I agree, and am fine with most of the items on the list.

Using the proceeds to pay dividends, however, seems peculiar to me.

Dave
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