The way I typically compare the stock to the risk-free altemative is to answer the question, "at what rate will the dividend need to grow to make the cash received by shareholders equal to the cash received by Treasury Note holders?" If the rate is excessive, I eschew the stock and put eapital to work in the Treasury Note. Financial Snapshot START and and and and and and and and and and and and and and and and and and the world of the first I p Polaris Overview Before getting into the most recent quarter, I ...