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Microcap & Penny Stocks : DCTC - DCI Telecommunications -- Ignore unavailable to you. Want to Upgrade?

To: farrark. who wrote (4452)	2/10/1998 7:34:00 PM
From: Sun Tan	Read Replies (3) \| Respond to of 4489

Okay, enough talk of the $1.00 dividend. A dividend should only be issued if management doesn't have investments worth pursuing in the future. More specifically, dividends should only be paid if projects are projected to return less than investments its shareholders can buy (ie in other stocks). The point of the first 1 cent dividend was to send a message to the market and to reward loyal shareholders. Giving out dividends to shareholders so that they can buy more DCI shares is not the way to look at it. A $1 dividend would mean DCI has enough money to finish its expansion/acquisition plans - not something I particularly think is going to happen too soon...? Also, if you want to act like a NYSE stock, you're not going to give out a $1 dividend unless you can sustain it over subsequent quarters and years. Anyone else agree? I could be wrong here, but a $1 dividend seems excessive to me.