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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 237.58

-2.7%

Nov 13 3:59 PM EST

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To: Victor Lazlo who wrote (112605)	12/12/2000 6:15:39 PM
From: H James Morris	Read Replies (1) of 164684

Victor, are the new economy boys buying Boeing? LOL. >Boeing gave a boost to shareholders yesterday, raising the quarterly dividend 21 percent to 17 cents a share, the first time it has done that since 1996. The company also said it was extending its share-buyback program by 85 million shares. Both are considered bullish moves. The buyback reduces the number of shares outstanding, making earnings-per-share comparisons stronger. A higher dividend increases the overall yield from the stock, both in price appreciation and in cash. Boeing stock is up 75 percent in the past year to $68.38, one of the best showings of any company and tops among the 30 companies that make up the Dow Jones industrial average.

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