Posted: 10/20/2012 1:48:23 PM
I think the compression happens way before the dividend discussions come up.
Look at the charts for the above stocks I referenced, the drop started once the markets sniffed that compression was starting.
My contention is I think GOOG compression is probably starting, AMZN will at some future point..probably if we have an economic contraction it would get hit harder..CMG I've been waiting on forever and it has started. APPL might be just beginning..
All of the above stocks will be cut in half or more once the market stops affording them hyper growth PE ratios and their rates start to slow.