Let's tell management we want a dividend! This is my suggestion for discussion here, and ideally action by many of us. MME has 50 million shares and has announced a $40 million stock buyback program. I feel that the money and further money could better be used to establish and pay a regular dividend. This would have the advantage of actually getting some money in our hands. Companies do need to earn money for their stockholders and some of it should actually reach the stockholders. MME with the $8 million already expended--at an average price of above $12 has just helped to bail out people who wisely decided to get out. (See the last 10Q) Dividends can enhance the stock price too. If you agree, you might say so here, but also please write fax or phone the corporation. Its addresses are given in the Yahoo company profile, as you know. Thanks!
to management they are doing some good things at mme. however, one only need look at the recent stock price performance at unh, oxhp and hum to see that mme is sadly underperforming these 3 stocks if not in fundamentals then at least in perception. i am concerned with the fortress mentality at mme. how can mme in th e long run compete against the unh's, ci, aetnas etc. i also am concerned with the price bouncing off 5 dollars. many instutitions cannot buy this stock if it drops below 5 particularly since no dividned is paid. remember rjr nabisco, which eventually did a 5 for 1 reverse split to make the stock palatable to the institutions. with that said i am still holding my subst. position. alittle under water. i want to see more than we're on plan and to increase the stock price we plan to buy back stock. we heard that for a year now. fundamentally the stock is undervalued but we need to see revenue growth or good eps. hum's stock is increasing nicely due to expected double digit revenue growth--around 18%.