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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: John Hull who wrote (76197)3/11/1999 3:02:00 PM
From: Gerald Walls   of 186894
 
2 - Stock purchase program does allow you to have $ withheld from your checks and put toward buying stock. This is a great program as it allows you to buy at the lower of the beginning price or the ending price over a six month period (but not in between, so you're really getting the best of two individual days' prices. They then take 15% off that lower price. This really is a great deal, but the amount of your checks you can direct to this (as a %) is pretty limited. Wish it were bigger.

This is becoming more and more common. The company for which I work does this too, except on a quarterly basis.
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