With a lot of cash on hand, "there's always the risk that you'll squander it or get lazy," observes Silverblatt. "It's always better to be a little hungry."
Don Durfee is research editor of CFO.
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Inside the August 2006 Issue
Cover Story
- The College Sports Spending Spree
Features
- CBS's Fred Reynolds
- Delaware Courts: Shaping Your World
- The Unproven Promise of XBRL
Also Inside
- From the Editor, August 2006
- Letters to the Editor, August 2006
- Topline, August 2006
- Good Governance Is Good for Business
- View from China: Gaining a Foothold
- Learning to Love Dividends
- ISO 27001: Upgrading Corporate Security
- Clean Rooms Keep Merger Secrets
- Benzene: The New Asbestos
- Will FASB Fix Pensions, or Freeze Them?
- Vacation Homes: A Good Investment?
- Coping with Business Travel
- Grapevine, August 2006: Robert Schiffner
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Reader CommentsDisplaying 3 of 3
Robert Boyd
Aug 3, 2006 3:49 PM ET
Always Love Thy Dividend
Your piece is timely and well-documented. Thank you. Please let me offer some other thoughts: (1) To reward … more
durfee
Aug 3, 2006 10:48 AM ET
Author's response
I'd argue that my story doesn't promote the myth that buybacks help by boosting EPS. In fact, after observing that some … more
Raymond Darke
Aug 3, 2006 10:16 AM ET
buying back stock
I see you are promoting the myth that stock buy backs are good since they improve earnings per share. The issue is … more
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