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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 9:30 AM EST

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To: Apollo who wrote (12139)	6/21/2000 5:10:00 PM
From: Tumbleweed	Read Replies (1) of 60323

OT: Dividends. 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? Compaq issued a dividend about 3 years ago when their shares hit a rough patch (they are still stuck there). I seem to recall the company issuing a statement to the effect it would enable investment funds to buy them (as Art has previously posted). That of course left aside the question of why anyone in their right mind would buy Compaq shares, but thats just a prejudice on my part. The dividend was fixed at 1c per share, either per quarter or per half year. This must have been a very expensive scheme to administer, I had several cheques in the region of $2.50 to $3.50 each which must have cost much more to produce and post than the cheque value. That may be one reason why more companies dont do this. Joe

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