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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: alburk who wrote (26467)	9/5/2002 1:26:55 PM
From: Cooters	Respond to of 196745

I second Engineers preferences. Seems that stock buybacks at reasonable prices make a lot more sense than dividend distributions that are immediately taxable to shareholders. Real and material buybacks would create similar investor sentiment. Though I would not be opposed to initiating a nominal dividend, I agree with your term real and material for buybacks. Not a token amount, but a large multi-year buyback plan that highlights a confidence in large, expanding free cash flow for an extended period of time. For argument, say $5B over 5 years.