Perhaps because of hard times in their start-up years, companies in the hightech sector of American industry seem more prone than those in other sectors to building up cash reserves. For example, companies like Cisco Systems, Intel, Dell, and Oracle have amassed large cash balances.14 Assume you work for a company in the high-tech industry that has built up a substantial amount of cash. The company is still growing through development of new products, has some debt, and has never paid a dividend or bought treasury stock. The company is doing better than most companies in the current financial crisis but the company’s stock price is lagging. Outline at least four strategies for using the company’s cash to improve the company’s financial outlook