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Technology Stocks : Intel Corporation (INTC)
INTC 48.59-1.3%Feb 4 3:59 PM EST

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To: Bernard Newman who wrote (6767)12/22/1996 12:20:00 PM
From: Khris Vogel   of 186894
 
I see your point being made frequently here as a reason not to enroll in DRIPS. But, seriously, how hard can it be? You set up a spreadsheet and drop the purchases in (be they OCP's or reinvested dividends).

The yield on INTC is very low, so of course one doesn't plan on accumulating a lot of shares from accumulated dividends. But once one has purchased their initial shares in the co., they can add to that position in the future w/ no commissions. If one would have been regularly making OCP's over the last couple of years, they'd be sitting on a very nice gain now w/o the burden of having to shell out a $ at any one time (and also avoiding a degree of risk in the gamble that one would have bought at a peak rather than a valley; the pattern of regular contributions tends to negate such issues).

If one is an investor rather than a trader in INTC, I see this as the only way to go.
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