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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: MarkR37 who wrote (29770)8/10/2000 11:16:21 PM
From: Sunny  Read Replies (1) of 54805
 
Ah, but the plan allocates the number of shares based upon your contribution rate and 85% of the price on day 1. If Intel goes down you buy at 85% of the price at day 365 and you get the balanced refunded in cash. If Intel appreciates your appreciation rate is better than if you had bought the shares yourself because fo the 85% price.

This is a great plan to participate in particularly with a Gorilla like Intel. I believe this plan is a tremendous benefit and you should participate if your finances allow. It is a great way to accumulate shares in a premier company at almost no risk.

I used to work for a company with a similar plan and I made the mistake of opting out in a down year thinking I could do better elsewhere. Of course the stock more than doubled and I ended up not buying anything because the money I used to allocate to the stock plan showed up in my paycheck and got spent.

I say go for it! Where else can you get such a good deal and have the investment paid for over 26 pay periods. Once you commit, the money comes out before your check gets deposited and you adjust your life style so that you don't miss it.

Good Luck Darby.

Sunny
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