DRIPs -- Dividend reinvestment plans Message Board

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Non-Tech : DRIPs -- Dividend reinvestment plans

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To: Rick Kunz who wrote (179)	4/4/1997 11:12:00 PM
From: freeus	of 263

Dear Rick: I was looking up stocks that offer dividends and came upon this thread for the first time today. Read almost every message, it took hours but was interesting-I only have a few to go. I used to have Coca Cola Sara Lee and AT&T as Drips. I transferred th ko to Fidelity when they began offering dividend reinvestment last Dec. Why do you say that isnt really the company's div. rein plan and what is the drawback? I sold saralee to help my son buy a home and sold at&t to buy cocacola for my granddaughter! So now i dont actually have any shares that I hold myself. If I am interested in once again doing div. rein. is it a drawback to do it through Fidelity or Datek, and if so, please explain why. Thanks Freeus

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