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From: zerkle@iris.ucdavis.edu (Dan Zerkle)
Newsgroups: comp.sys.amiga.misc
Subject: Re: Commodore Stock
Message-ID: <8741@ucdavis.ucdavis.edu>
Date: 8 Apr 91 23:43:52 GMT
References: <50029@nigel.ee.udel.edu>
Sender: usenet@ucdavis.ucdavis.edu
Reply-To: zerkle@iris.ucdavis.edu (Dan Zerkle)
Organization: U.C. Davis - Department of Electrical Engineering and Computer Science
Lines: 18

In article <50029@nigel.ee.udel.edu> PFREY%drew.bitnet@pucc.princeton.edu writes:
>A drawback of the stock is that it doesn't pay dividends --- I can't find
>them listed as paying dividends in the Journal, and someone I tipped off
>to the potential rise in the stock, also found (according to his broker) that
>the stock doesn't pay dividends.

No big deal.  Electronic Arts doesn't pay dividends (and probably
won't, according to their prospectus).  Even so, I made a net gain of
$400 in 8 months on an original $800 investment in EA.  How do you
think I paid for my 3000?  I sold my stock!

The reason Commodore doesn't pay dividends is the right reason not to
pay dividends:  they roll money they make back into the company, for
development and such stuff.  This sort of thing tends to help stock
prices (but not always).

           Dan Zerkle  zerkle@iris.eecs.ucdavis.edu  (916) 754-0240
           Amiga...  Because life is too short for boring computers.