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 : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (11345)	1/8/2003 3:26:08 PM
From: Trumptown	Respond to of 13660

Looking like a buy soon: siliconinvestor.com Downside risk 1390ish Cooinsides with a 'reversal' Thursday tomorrow...

To: moufassa7 who wrote (11345)	1/8/2003 6:10:27 PM
From: Joe Smith	Read Replies (2) \| Respond to of 13660

So should Larry Ellison. Imagine what a tax break he gets with a .20 dividend. I just don't see this as anything but a transfer of wealth, plain and simple. They are selling it as something else. Who benefits? Those who hold dividend-paying stocks in tax-advantaged accounts. Who loses? Everyone else... What about the retirees who follow the sage advice to stay in fixed income? What happens to their holdings when bonds plummet because of the new competition from dividend paying stocks? This is all about giving a gift to those who have a lot of money to give for election campaigns IMHO. This does nothing for the average Joe who is mostly invested in tax-advantaged accounts.