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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (172437)	1/9/2003 8:45:59 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

IMHO, a cap gains elimination on stocks held 2 years would have a more major impact. (Ah, the wild speculation comes back). Not that I think dividends should be double taxed either.

To: Proud_Infidel who wrote (172437)	1/9/2003 9:22:28 PM
From: brushwud	Read Replies (1) \| Respond to of 186894

Instead of rewarding innovation and growth, people are now looking for high-tech firms to start handing out dividend checks when this money needs to be reinvested in the business. What you say might be true of most high-tech companies, but remember this is the Intel thread. Intel already pays dividends and spends billions of dollars per year investing in its own stock. Obviously, their expected returns from investment in their core business are unattractive and their attempts at diversifying through acquisition have almost universally failed. Bush's plan will promote the idea of redistributing corporate profit to shareholders who can put the money to use rather than having it hoarded by increasingly conglomerated dinosaurs.