WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.84

+0.5%

3:59 PM EST

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To: Art Bechhoefer who wrote (12136)	6/21/2000 12:07:00 PM
From: Apollo	Read Replies (2) of 60323

Art, that was a very lucid and generous reply on the hidden value of dividends. many funds, particularly pension funds, are restricted to buying stocks that pay regular dividends. Thus, when the dividend payment was announced, even though it was really peanuts, it was still enough to trigger widespread institutional buying. All you have to do is look at the stock performance over the past ten years to see the impact. Not wishing to belabor this, as I accept your point; nevertheless, if it's that easy to widen the pool of potential shareholders, why don't all high tech companies declare some minimal dividend like INTC did? stan

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