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writonwater

02/11/06 12:03 AM

#4388 RE: kingfisher1 #4383

That's so funny. Rawnoc is the trader's trader: Including Trudy. That doesn't mean he's not long term here. It just means that he, you and I are investing our own money at our own pace. May it ever be so....Sam
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writonwater

02/11/06 12:16 AM

#4391 RE: kingfisher1 #4383

Dividends! Now you're talking Rawnoc's language. He thinks a stock's worth is caculable only by its dividend value. What poppycock. My dad bought MCI in the mid 1970s as a penny stock. It subsequently split numerous times resulting in many thousands of percentage gains for those who held fast. Dividends mean nothing in growth companies. The valuation model is completely different in this arena. I bought Siri just three years ago for pennies and it now trades for dollars with no glimmering of dividends on the horizon. Am I the worse for the abscence of dividends? No. Anyhow, dividends are nice and if you want some buy PVX. It pays monthly @ about 9% after the tax rape job........Sam