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Non-Tech : MAT - Mattel - toysRthem
MAT 19.79-1.3%3:59 PM EST

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To: John Finley who wrote (345)11/19/1999 3:08:00 PM
From: Marc Fortier   of 706
 
DRIP is for Dividend Re-Investment Program. You can apply to it by registering your shares to your name. MAT's DRIP is not the best I have seen however. The company charges a $5 service fee when you make a cash investment. Many companies won't charge a penny. I make $500 investments to overcome this fee (it's down to 1% then...), but I find it a little expensive. What's fun with the DRIPs, IMO, is when you can make small cash investments each months... and bigger ones when the stock is down. This way it really amounts to sizeable numbers after a few years...
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