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AutoZone, Inc. Message Board

  • ptyk99 ptyk99 Mar 19, 2004 1:31 PM Flag

    There goes the 600M momentem

    It is more than the entire current year earnings guys and not $2's worth of movement to show of. I really wish they had declared that $5 div. What a bummer.

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    • I hate to break this to you, but the lower it goes for the longest time the better. Yes, the company could declare a $5 dividend, it will shoot up like a rocket then stall, it would have a p/e ratio of 40. We are not in this for a short-term gain. If they are I hope they get fired. There are 3 fronts, increase revenues, decrease expenses, and share buybacks. The only CEO worth his money grows earnings per share minimum 20 percent a year, in any industry. If the company is not earning 20 percent they need to be fired. Because a good CEO will figure out a new market to get into. Even the morons on Donald Trumps apprentice get fired sometimes for 20 percent earnings growth in one DAY. Strong sell (for you).

610.57+1.98(+0.33%)Jan 28 4:05 PMEST

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