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Non-Tech : DRIPs -- Dividend reinvestment plans

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To: David Marsh who wrote (25)12/8/1996 1:41:00 PM
From: David Marsh   of 263
 
Another drip I am currently increasing my contributions to is Keithley Instruments (KEI) on the NYSE. They're a tech company that supplies instrumentation to the semi-conductor industry. The company has been around for about 40 years and had a good run up last year. But when the semi-conductors headed south so did KEI. The price is near its 52-week low but has recently started to move up. Keithley was on the 1996 "Magic 25" list that is annually put out (I can't recall who publishes this list). Anyway, PMC requires minimum $50 contribution while KEI only requires minimum $10. Neither drip has any fees or other charges. My strategy is to carry a dozen drips and only invest in the ones that offer good value at the time. Needless to say, I haven't contributed to my Coca-Cola drip in almost a year. Coke is way over-valued right now IMO.
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