MSFT Internet Explorer vs. NSCP Navigator Message Board

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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: DaveHunt who wrote (2790)	11/7/1996 2:38:00 PM
From: Alan Buckley	of 24154

I've been assuming DRIPs weren't interesting for growth stocks. Am I missing something? I believe the INTC DRIP takes dividends and reinvests them in INTC stock without you claiming them as income, thus you avoid tax on the dividend income and commisions on the purchase. The INTC dividend is a laughable .20/share. Wonder what the paperwork on it costs them. Suppose I own 1000 INTC worth $125,000. Once a year, instead of sending me a check for $200, they buy 1.75 shares of INTC, however that works. So I've saved the commision on one share of INTC stock and $60 in tax, but now own an odd lot of INTC. Is it worth the bother?

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