Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (3374)	5/2/2001 2:41:48 PM
From: jim black	Read Replies (3) \| Respond to of 74559

Just doodling on the computer, taking a break form "Devil Take the Hindmost"...effing scary, folks. Just a quick rundown of Dow components and their dividend yields as opposed to 10 yr treasuries>5% MO 4.15% DD 3.03% UTX 1.1% C 1.1% IBM 0.4 % JPM 2.73 SBC 2.43% JNJ 1.4 AA 1.4% WMT 0.5% CAT 2.7 IP 2.58 PG 2.34 DIS 0.6%! HD 0.3%! GM 3.63 T 0.6%! HON 1.5 HWP 1.1 INTC 0.2% EK 4.17 MRK 1.7 KO 1.5 AXP 0.7%! MSFT 0%! MMM 2.02 BA 1.1 GE 1.3 MCD 0.7%! XOM 1.9% These are supposed to be the cream of American business? Most have pe's over 20, many over 35. Most recent additions, MSFT (none) and INTC (neglible at o.2 %). To those recently a comin' visitin' these here parts, I ask you ever so humbly, ( I mean it), can you honestly make a case for investment in the DOW at these levels, or for that matter, any of the reemerging whipped puppies in Tech, namely, NT, CSCO, etc?... Am I mistaken in my many years of investing of concluding that the ultimate value of a stock is its potential for GROWTH "AND" its potential to pay a dividend greater than bonds? This inquiring mind wants to know of you newcomers who think we old farts (of the thread if not, like me, in years) are overly cautious, paranoid and cynical of a market STILL at these levels. The DOW is nowhere near a historic norm of a pe of 12-15 with at least 4.5- 5.5 % dividend yields. As a matter of fact there is not one paying 5%, not one and the closest to 5%, EK (failing business in photography??) and MO (troubled waters with tobacco legislation ahead, likely all over the world)....ye gods above, the lemmings, the lemmings jim black