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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Sunny who wrote (29792)	8/10/2000 11:53:38 PM
From: kumar	Read Replies (1) of 54805

the plan allocates the number of shares based upon your contribution rate and 85% of the price on day 1. not sure about that one. I dont work for Intel, so could be wrong, but most employee purchase plans work on the basis of a % of wages being allocated to buying stock, at x% discounted from the "lowest price within a given period" (usually quarterly). so, depending on price/share, one gets more/less shares every quarter, for a defined cash contribution. If Intel goes down you buy at 85% of the price at day 365 and you get the balanced refunded in cash. most employee purchase plans do not give u a cash refund. the cash that cannot buy 1 share, is usually carried over to the next quarter, and added to "that quarters contribution to buy stock". cheers, kumar

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