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Re: brainlessone post# 113253

Saturday, 05/31/2003 1:31:45 PM

Saturday, May 31, 2003 1:31:45 PM

Post# of 704049
brainlessone: They must be solid; a long history of dividend payments, [frequent] increases, never decreases]. Not a high yield because the stock has dropped precipitously: what good is a 5% yield if the stock drops 50%? And the work that must be done to ascertain the financials is massive...and even then, the numbers are suspect. The accountants are important. I'd prefer a smaller firm, none of these Big Seven (are there still 7?) who will play footsie-games with management to keep those hefty fees rolling in.

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