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 : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (54487)	4/4/1999 9:53:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 132070

Tippet, the real "long term" holder is the public that holds all these S&P 500, they are the one that get those tax free dividends. The only way to get these is to be the one that did not sell the stock. Of course you have problems of valuation, since when I presented that "model" for justification of higher PE. I stated then that the true dividend rate was in the 3% to 5% range, and that part of the dividend which was tax free could be twice as valuable for those in an overall tax bracket of 50% (New York). Zeev