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Technology Stocks : Semi Equipment Analysis

SOXX 296.74

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To: Gottfried who wrote (5101)	8/27/2002 10:19:54 AM
From: Proud_Infidel	Read Replies (3) of 95484

Why does this arrogant SOB think he speaks for everyone, especially when he doesn't own the companies in question? I for one, am perfectly happy receiving no dividend so that Morgan and Co. can put it to work. Cough Up the Cash, Cyclical Tech Companies Tuesday August 27, 10:14 am ET By James J. Cramer, No company ever wants to admit that it is not a growth company. But somehow the tech companies have convinced themselves that if they pay dividends, they are not growth companies. Tell that to Merck (NYSE:MRK - News)! Here's the deal: Tech has become cyclical. There are no secular growth stories in tech to speak of, particularly among the majors. Meanwhile, the cash accumulates. It is time for the companies to recognize that they should return the cash in dividends.

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