Word: chip
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Tripp did this even though she was not in any jeopardy, not even of losing her job. She comes across as a busybody with a large chip on her shoulder who'd had her first attempt at a White House book rejected. Egged on by book agent Lucianne Goldberg, Tripp reached for the On button. No one likes a snitch, especially one with so much to gain. So on Friday, Tripp explained, "I struggled long and hard... I was facing substantial risk of losing everything I have aspired to..." She went on to rail against "McCarthyistic" tactics...
Digital completes a strategic triangle. It produces such high-margin items as the servers that link thousands of PCs on the Net, but its support staff serves such blue-chip customers as Citicorp and Lockheed Martin. Digital will smooth Compaq's path into the corporate computing world coveted by Pfeiffer. "Services open the door for hardware," says Digital chairman Robert Palmer...
Tripp's coming of middle age has not been particularly happy, though. "Her life was a struggle," says the Bush official. "She complained of a long commute, a nomadic existence as an Army wife, an ex-husband who was not a true love. She had a chip on her shoulder...
Look for some blue-chip companies to step up next. Who might make the bold move? Among the giants, companies like Wal-Mart, Disney and Home Depot are good candidates. They are fast growing and pay woefully small dividends anyway. Disney, for example, has the lowest dividend yield of the 30 companies in the Dow, at 0.55%. You couldn't feed a mouse on that...
...rate of 20%. So it makes sense for companies to use their cash to buy back stock. Yes, a bear market could devour this strategy. But as long as the tax code clearly favors capital gains, dividends will dwindle--and nothing would make that plainer than a healthy blue chip wiping out its dividend altogether...