Replies to post #3229 on Alloy Steel Inc. (fka AYSI)

[DaveinHackensack]

I'd like to see them first have enough cash to cover their SG&A for a few quarters if sales drop off temporarily, but if they do start paying a dividend, I'd rather see them pay a discretionary annual dividend, rather than trying to lock in a regular quarterly dividend. That's what another micro cap I own (KSW) does. I think that makes more sense for a small company with potentially lumpy earnings.

[Esaum]

I disagree with the dividend, I believe we will get more growth by keeping the cash inside the company compared to giving it to the stockholders.

With the cash we'd maybe get 1-2% dividend per year, when there return on equity is much higher, and a dollar invested in the company will go further then a dollar given back to us on our investment. This should only be true in the long run, but I agree it could stabalize the stock more.

All IMO

ESaum

[Rawnoc]

Wow, what a total disaster on this stock vs. ZYXI.