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Technology Stocks : America On-Line (AOL)

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To: Cosmo Daisey who wrote (690)1/1/1999 1:19:00 PM
From: Uncle Frank  Read Replies (2) of 41369
 
>>When companies start paying a dividend it's a sign that management doesn't know what else to do with the money.

Aren't stock buy backs, a common practice among the leading tech companies, an exact equivalent? Dividends are just a legacy from an earlier world of investing, and imo, aren't a sign of limited management imagination.

Happy 1999
Frank
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