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.

Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: ELIAS DEEB who wrote (2425)	5/10/1999 1:34:00 AM
From: ajs	Read Replies (1) \| Respond to of 4298

But do you realize the cash that that would create to reinvest in the company/make acquisitions etc. Has this ever been brought up? Yes, I made this suggestion about a year ago to Dan Schulman, then President of AT&T Interent Division. He promised that he would bring it up with Dan Somers, AT&T's CFO. I believe that board of directors of AT&T can not just stop the dividend. What they are doing instead is that as T goes up and splits, the dividend will not be increased. Therefore dividend rate will actually go down. But the cash that AT&T is wasting on dividend will not change. Just my $.02. ajs