Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: kolo55 who wrote ()	5/30/2000 11:40:00 AM
From: Nikos Tsivranidis	Read Replies (2) of 2542

Global-Tech Appliances Reports Improved Fiscal Year Results and Declares a Special Dividend of $1.35 Per Share biz.yahoo.com I cannot understand why this company is stuck in the $5-$7 range. They have $5 in cash, they are giving back $1.35, they earned .75 last year and are due to make .90 next year. The last few quarters have been good(.23, .11). Brilliant move to give $1.35 back. Even though I would rather see them invest it, at least they are rewarding their shareholders and the move ought to bring some attention to their fundamentals. Good move GAI!!!

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