On Fri, 17 Jan 2003 17:45:48 -0400, L.D. Best wrote:

> Really would like to get confirmation that the firey rings of Hades have
> frozen over ...

> Billy Gates announced yesterday that Microsoft will declare it's first
> dividends in the history of the corporation!!!!

That's interesting, to say the least. Also interesting is the
remarkable fact that Microsoft has never had any debt and sits
upon vast pools of cash. But for the last three years or so the
stock has not held its price. So it would make sense to pay out
some of that cash as a dividend. Gotta keep the troops happy since
their stock options aren't worth much in todays Wall Street
environment.

Also, the Republicans are about to make dividend income non-taxable.
That's right, under the Bush economic stimulus program about to
be enacted by Congress dividends will be tax free.

I imagine lots of stocks will now pay dividends.







Sam Ewalt
Croswell, Michigan, USA
-- Arachne V1.70;rev.3, NON-COMMERCIAL copy, http://arachne.cz/

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