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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Thomas A Watson who wrote (438299)	8/5/2003 12:52:03 PM
From: Johannes Pilch	Read Replies (1) \| Respond to of 769670

Well, you must understand my response was due to the implication of Lizzie’s comment, to wit, that the “more efficient” fast-growth companies are being hurt by “less efficient” slow-growth companies’ new ability to shine up their dividends due to Bush’s tax cuts on dividends. She was by implication claiming that the dividends were a bribe, that the fast-growth companies are inherently more worthy of protection than slow-growth companies. Were she correct in her assessment here, which she is not, then dividends would indeed be a bribe. I simply was assuming that she was correct to show that despite the existence of such a bribe, the luster of innovation would still pull investors and that the fairness of the dividend cut overrides all of these considerations.