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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (62626)	1/5/2003 4:07:16 PM
From: TigerPaw	Read Replies (2) \| Respond to of 77400

the problem with this analogy is that the shareholders are already owners of the co Perhaps a closer analogy would be the owner of some cows. If a calf is born then there is tax due when it is sold. A dividend marks the increase of the investment much as a calf marks the increase of the herd, only a dividend doesn't need to be sold since it is already in the form of cash. CEOs are afraid of dividends because it gets to money back to the shareholders before they have a chance to loot the company. TP