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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: William JH who wrote (55908)	7/7/2000 5:47:01 PM
From: Zardoz	Read Replies (2) \| Respond to of 116972

dividend payments: If I hold a stock long enough, I might get my entire purchase price back in the form of dividends from the company profits. If a stock is trading around $100, and you place an ask to sell at $100.25 GTC just before the market closes. Then after market a dividend is declared of say $0.50, then the next day your opening ask price will drop to $99.75 {and the opening bids drop as well}. So you really don't gain anything. To buy a stock based on dividends alone is an aggressive way to play interests rates. But your above sentence suggest that you're main interest is to get even, and not to make money. That's a loosing strategy. At poker, you want ALL the chips, but you often leave before the game is over. if you and I play two handed poker and you win $100, I have lost $100. But if you play 8-10 handed poker, the house usually takes a rake. Hutch