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To: Bill Harmond who wrote (49097)	4/6/1999 10:43:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

> What do dividends have to do with earnings? The better the earnings, the better the dividend. Or have you forgotten in your tulip-mania what owning a share of a company means? It means you are entitled to a percentage of its profits, or a percentage of its "sold" price. That's what investing is. When companies dont pay dividends, which is the norm for NASDAQ companies, you have only 2 ways of making a profit- if the company is sold, or if a greater fool buys your share. >Even Warren Buffett doesn't like dividends. Warren Buffett also believes stock splits are designed with one purpose- to mask equity inflation and sucker investors.