Quentin
QUOTE: Originally posted by Junctionfan "Window has performed an illegal operation and will be shut down" Maybe the locomotive will run slow because it needs to be defraged.
Jock Ellis Cumming, GA US of A Georgia Association of Railroad Passengers
QUOTE: Originally posted by gabe —although they could probably learn a lot by the way I chose my wine. Gabe
"I like my Pullman Standards & Budds in Stainless Steel flavors, thank you!"
QUOTE: Originally posted by gabe Suddenly, I just don't feel as though my passion for trains is that important to the public anymore.[sigh] Gabe
QUOTE: Originally posted by MP173 Microsoft's dividend situation is sort of a once in awhile type thing. They have accumulated so much cash, no make that SO MUCH CASH, that they have nothing to do with it. So, they are giving it back to the owners of the company. Why? Lets see: 1. Cannot find anyone worth while to purchase in tech industry. 2. Do not want to fight Justice Dept over any purchases in the tech industry. 3. T bills and commercial paper are returning about 3% now, which tends to drag down the ROE. 4. Railroads are not a core business and should not be invested in even tho Mr. Gates does seem to like trains (or so I have read). Plus the ROE for railroads is pretty low. 5. The tax rate on dividends is fairly low at this time, so it makes sense to do so. 6. By being a dividend paying company, it puts Microsoft into play as a "value" stock, thus making it a stock which "value" funds can purchase. So, it is more liquid. Microsoft is a textbook company for stocks that should be owned. Enormous brand recognition and huge ROE. Same for Coca Cola, McDonalds, and a few others. Note those companies have relatively few assets, the opposite of rails, which are asset intensive, have no brand loyalty and basically have a product that is a commodity (except for value added situations)
QUOTE: Originally posted by lfish They don't make Christmas movies about Windows, there are remarkably few folk songs about the Crash of Ol' Operating Systems, and nobody ever lay awake at night listening to the far-off *ping* of incoming e-mail and dreaming of far away places. Also, folk legends of heroic Sys Ops are non-existent. We are embedded way deeper in the culture.
-Don (Random stuff, mostly about trains - what else? http://blerfblog.blogspot.com/)
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