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Non-Tech : j.c.penney
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To: Mark Adams who wrote (65)10/10/2000 9:46:54 AM
From: Yogizuna   of 111
 
And these beaten down companies are cutting their dividends all over the place! Latest one XRX down to five cents per quarter I believe from 20 cents (ouch!), and I would not be surprised the way things are going if even the "mighty" AT&T announces a dividend cut which would only sink the shares even more in my opinion. JCP to another possible bottom signal for me last night, but I am now wondering how many of those I have to receive before the shares actually get into a serious rally! Yogi
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