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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: pater tenebrarum who wrote (35117)12/13/1999 5:47:00 PM
From: Fun-da-Mental#1  Read Replies (2) of 99985
 
Yeah, and that was dividends, not earnings. Nowadays we're happy with the vicarious thrill of seeing someone else collect profits.

That reminds me, a while ago somebody said stock buybacks are as good as dividends. I disagree, because a company can buy back stock once and get good press and it doesn't commit them to anything long-term, but if they start paying a dividend then stockholders will expect them to keep it up. (Jeez, you'd think they owned the company or something! Hah!)

Fun-da-Mental
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