Big Tech Companies Reportedly Flush With Cash
from the hoarding-cash dept
For all the problems the tech industry is going through, the big five of Microsoft, Oracle, Intel, Cisco and Dell have more cash on hand now than they did a year ago. Of course, the majority of that cash comes from Microsoft who doesn’t seem to be struggling at all lately. All this cash is making investors incresingly pressure the companies to provide dividends (Intel already does). I think, in this case, the calls for dividends may be short-sighted. These companies all believe they can still grow quite a bit, and having the cash on hand to wait out the continuing downturn doesn’t seem out of line.
