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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Marc Fortier who wrote (13117)2/20/2002 11:35:23 AM
From: Paul Senior  Read Replies (1) | Respond to of 78530
 
Marc Fortier: Fwiw, I acknowledge again your superior pick of DCI over my choice of PLL.

After raising their dividend every year for 20 years, PLL recently and suddenly announced they were CUTTING their dividend. And to me the reasons stated were odd and unsettling. Since the primary reason I bought this stock over others (DCI) - the dividend growth - is now removed, I'll take my small loss, and I've now exited my position.

I note the danger of buying primarily for dividend over growth. As you've suggested, DCI is the better company on many measures, and that is reflected in its stock price increase since our discussions. Whereas PLL's stock price now reflects investors like me who are reassessing new info. about PLL and deciding to "re-allocate funds" elsewhere.

finance.yahoo.com

Paul Senior