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Dividends or No Dividends, That Is the Question

The marginal Management of the increasingly cash-stressed DuPont Company will be forced to slash the dividend of $1.64 yearly in my opinion. Not only have the Company's earnings not covered the quarterly payout for one-half year (Q3 and Q4, 2008), but DuPont faces a looming BIG BLACK HOLE of disappearing earnings. Over $1 billion yearly in Pharma PTOI will begin to vanish with the expiration of patents on two drugs, Cozaar and Hyzaar, the only assets left in the phased-out DuPont Pharma platform. ...funfun..