Comment Re:False dilemma (Score 5, Insightful) 504
But you as an investor will never get rich that way. People want to buy into something like Google, Apple, Amazon, whatever (remember the Netscape IPO?) - that starts out at $30 a share and zooms to $300 a share. The only way that happens is if your company grows! So while never growing is fine, it only appeals to a limited set of investors. Most investors want to buy a stock that will go up in value over time.
And of course, the real issue here is that it's completely and utterly inappropriate for a regulated utility to be that kind of "growth company!"