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Technology Stocks : INTEL TRADER

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To: Berney who wrote (6632)	8/25/1999 9:51:00 PM
From: MonsieurGonzo	Read Replies (1) of 11051

TB:" +2% every 90 days " hey TB, you ever seen this thing ? MSFTP - Microsoft Preferred biz.yahoo.com ...pays $0.55/quarter, goes ex-dividend 30-AUG; about +2% APR yield or, ~2.5% taxable-equivalent in an IRA. Also, look at its friggin' weekly chart. Thing doesn't ever go down - looks like it grows about +2% a quarter, too. keeryst, where's my HP 12C (^_^) ...lessee now, +2% per quarter growth, plus $0.55 dividend/share per quarter: auto-reinvested via DRIP (no commissions) in a tax-free IRA equals a taxable-equivalent yield (divide by 0.80) compounded over 3 years = 12 quarters of ...ummm... oh wow! about the same growth rate as inflation ! why, it's a perpetual motion machine ! -Steve

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