Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 138.64

+1.7%

2:26 PM EST

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To: Wyätt Gwyön who wrote (110125)	1/3/2002 12:07:12 AM
From: JGoren	Read Replies (2) of 152472

there is nothing "wrong" with paying a dividend. i have believed for some period of time that there will be increasing pressure from baby boomers for tech companies to pay dividends. they aren't going to want to sell their shares to have income to retire on. moreover, as companies reach a more mature stage, where their growth rate recedes, they should have some payout. the issue is not about paying out the average S&P dividend rate. internal growth, of course, comes first; and qcom has not reached the status where it cannot use its cash profitably to generate growth in cdma and internal growth. however, if it appears that qcom is not using its investments wisely, the pressure for dividends will become enormous. is there anyone out there who would not prefer dividends over squandered investments?

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