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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: P2V who wrote (1279)1/30/1998 11:47:00 AM
From: DWB  Read Replies (2) | Respond to of 5390
 
I picked up some more too... it's the first shares I've bought since it was back in the teens... If the market sells off some more, I'll buy more. I don't know how anyone can be down on a company with 25 consecutive quarters of increasing performance, and is still growing at a 70% clip. Maybe I should go invest in companies that lose a lot of money instead.... sheesh.. ;-)

The dividend is probably to reward the current shareholders with some of the current cash flow on hand, and to make the stock more attractive. The split is also a benefit to shareholderseven though
I know that in real dollar terms, a stock split means nothing. From a psychological perspective however, I don't have any doubts that good companies that split their stock are doing their shareholders a favor.

As far as I know, they don't have any major acquisitions on the horizon, but then again, I'm only reading the same news as everyone else on the web.