Re: From Brain on Yahoo - SGE
in response to
by
posted on
Jul 16, 2008 11:29AM
The BOD's decision to give company funds away in the form of dividends primarily to benefit a single shareholder has had a major impact on SP. The "BOD is not management" argument is quibble. You know that I know the difference.
We need a strong proactive BOD to get us through rough financial times and to promote growth. Giving away $$ that could have been used to reinvest in the company's growth was a mistake.