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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (21544)	4/11/2003 4:22:42 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 206118

People made a big deal today about TE's management going back on their word about cutting the dividend. Well, would you rather have Moody's downgrade the debt and have TE forced to pay hundreds of mil in ratings triggers? I can guarantee you if that had happened TE would be around $7 to 8 vs close to $11 today. TE, did the right thing today and they were rewarded. The dividend level is still very good. People who are complaining about management today are not seeing the big picture imho. (not saying you're one of them...just saw too much bitching and whinning on yahoo today.)