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Technology Stocks : Nokia (NOK)
NOK 6.640-0.4%3:59 PM EST

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To: Puck who wrote (10574)4/14/2001 1:13:42 AM
From: Caxton Rhodes  Read Replies (1) of 34857
 
What good is owning Qualcomm stock if you can't share in Qualcomm's profits? They don't even have share repurchases. Are you expecting some other company to take them over at some point and pay you a nice premium for their shares. What is the point in owning stock in a company if you get nothing in return?

Im cracking up, you can't be serious. I assume you are joking, but if you aren't. 1) the goal with growth stocks is price appreciation of the stock, not yearly income. 2) One can sell shares at any point, thus reaping the returns of what ever dividends they didn't pay, plus a bonus of only paying long term cap gains if you've held it long enough. 4) dividends are taxed at whatever bracket you're in.

Holy smoke Puck! Go ask any financial guy. GEEZ Louise.

Caxton
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