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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST
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To: Paul Fiondella who wrote (40585)11/19/1997 12:10:00 PM
From: Dave Budde  Read Replies (1) of 186894
 
Paul, re: "A 100% gain in the stock market is unusual."

Let's see, 70% of my Intel shares have a basis of $0.11. Intel pays an annual dividend of $0.12. That means that EACH AND EVERY YEAR I make more than 100% on my original investment JUST FROM DIVIDENDS on those shares.

Buy and HOLD has proven to be a good strategy for Intel.
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