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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (63883)1/16/2003 5:37:54 PM
From: reaper  Read Replies (4) of 209892
 
Shack, while the 16 cent (annual) dividend is clearly crap, consider the fact that Mr. Gates owns 622mm shares, and Ballmer owns 235mm. by my math that is $100 million dollars of TAX FREE dividend income a year for Gates, and $40mm for Ballmer. i don't imagine that much more than that would be politically palatable. i mean, i can already hear Lieberman, Edwards, and Kerry going off about how Bush's dividend tax plan gave $100mm of tax free income to the richest man in the world.

Cheers
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