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Technology Stocks : Intel Corporation (INTC)
INTC 40.01+1.7%Jan 6 3:59 PM EST
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To: Amy J who wrote (178474)6/30/2004 4:17:02 PM
From: Elmer Phud   of 186894
 
Amy -

While the rest you describe sounds good, this part about Intel's plan sounds a bit behind the times regarding requiring people to invest only in mutual funds.

You are correct. I have heard a lot of complaints about Intel's archaic plan. The selections are very limited and while they can purchase Intel shares (at FMV) they can not sell CCs. A modern plan would allow the employee to direct their 401K contributions in much the same way an IRA can be directed at a brokerage firm, IMO.
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