RE:RE:An Old Boomer WarningI meant to imply the value of dividends in "future earnings" whether retained, dividended or used for stock buy back. Your point is correct, but current valuation included NPV of future dividends. There are also fluctuating rates of return etc.,. but it takes us away from the main point. Overvaluation is not sustainable.
Currently a battle of resistance at $250. Ouch.
Good luck to all.
cg