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To: TheSlowLane who wrote (94)6/27/2012 11:06:55 AM
From: tyc:>  Respond to of 104
 
TSL:

They say that the value of any stock is the present value of all future dividends. Today's decline in the price of G despite the good news on El Morro overnight, shows the futility of dependence on anything else but dividends. If one wants immediate enjoyment of an investment he'd better hold a stock that has begun to pay dividends. .... (unless he is immortal)