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Technology Stocks : COMSAT
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To: Daniel Shaffer who wrote (9)6/18/1997 10:56:00 AM
From: Paul Weiss   of 55
 
Off Topic... (as if anyone was aware of this thread, company): The term DRIP refers to Dividend Reinvestment Plans; there's a DRIP thread somewhere on SI. As a quick overview, DRIPS allow the investor to cost average their holdings by purchasing minimal new shares (or fractions of shares) without paying brokerage fees. Basically, my investments are divided into three groups: IRA, personal, and Family/Friends Investment Group. The Group has about one half of equities in DRIPS... long term perspective. Buying an additional $25 or $50 worth of new shares monthly (hopefully) gives a positive return over the long haul. Oh, and the name stems from the fact that dividends are used to buy more shares, instead of the usual cash dividend. Regards, Paul
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