Bush tax plan may line tech gurus’ pockets 8 Jan 2003 Forget the ideological benefit. No more double taxation of dividends absolves Gates, Ellison et al from huge personal tax liabilities. See how they could benefit from a 40% dividend payout rate, let alone a special return of cash to shareholders.
Tech spending may fall this year – survey 3 Jan 2003 Analysts may soon have to throw in the towel on their 2003 earnings forecasts. With valuations still stretched, tech stocks are cruising for a bruising.