RE: What does the stock market supply?

From: Rafal Smigrodzki (rms2g@virginia.edu)
Date: Thu Sep 12 2002 - 10:01:32 MDT


Brian Atkins wrote:

>
> I disagree. Intel is a public company with no plans to offer a
> dividend which keeps all its profits in the bank. Do you think the
> Intel Corporation is worthless? Directors of Intel only have the duty
> to increase the value of Intel stock. If they determine that never
> paying dividends, and instead investing that money into R&D is the
> best way to raise the stock value, then that is their duty, and
> shareholders should be pleased.

### If Intel's owners decide to pay themselves dividends, they will have
dividends, and dissenting directors will be probably fired.

Rafal



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