Linear technology

facts: - clubs 3rd quarter financials for 2003 was good- offshoot from 3%-7% -emerging from recession -unclear how strong institute wud be for for remainder of year -share conducters had rewarded linear for solid ontogeny and comfort margins over the years-stock split- shareholders had a refined impression on elongateds -in asperity of major drop in gross revenue, Linear held its margins thru damage acrid and major rifle shutdowns -employee stock option was not nearthin brand-new to the company - property decrease positive - not chancey, as compared to otherwise companies in technology sector -war was say so did not acknowledge how the deliverance would be affected in 2002, condescension the drop in sales and earnings, they increased devidend; because of conformable dividednts, -->investors put them in some high category, seeing it as a source of income and growth potential.

-cash was not earning enough income ascribable to low interest rank ; consequently buybacks was preferred - Accumulated monumental cash balance ; cash was managed conservatively; no plans for aquisition - some investors urged to return the cash in impairment of special dividend, but he had the impression that scarce hardly a(prenominal) investors preferred this - Instututional investors (who hold about 40% of its shares )have an brain of company; but despite the high cash reserves, their dividend seemed resembling a token. - it was in a good position scarce because it payed dividends in the technological sector - valueation conditions were favourable - Rollins (CEO of Janus Capital, an institutional investor) said that tax implications prosperous Linears policy to hook the dividend. On raising their dividend, Linear could come forth as less risky to the shareholders by lowering its right risk premium (i.e. thru unsystematic risk) -Intel and axiom were benchmarks -Maxim and Linear were akin in size and financial performance. -Altouhgh dividends have shares less fickle and lead the companys investor base, long-term shareholders would prefer if the company...If you emergency to get a panoptic essay, order it on our website: Ordercustompaper.com

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