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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Frodo Baxter who wrote (1157)1/19/1998 11:22:00 AM
From: Zeev Hed  Respond to of 9980
 
Lawrence, the beauty is that to achieve 4% to 5% after tax returns (to stock holders), they have to spend only half that much, which is roughly 50% of their earnings (and much less of their cash flow).

Zeev