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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (54201)	4/22/1998 7:49:00 PM
From: Peter E. Thorpe	Respond to of 186894

I have tried the dollar cost averaging approach and have done quite well. I got started through the NAIC program. However, the plan administrator (Harris Bank) lost one of my optional cash payments. It was like pulling teeth to get them to do anything - I phoned, I sent registered mail - to no avail! I did contact the SEC (yes, they are on the web), and once they started looking into it, Harris Bank "suddenly" found my missing check. I really liked buying into INTC at the tune of $250/month. I had four other accounts (ASH, SVM, WHR, PNU) that were administered by Harris Bank. I HAVE CLOSED THEM ALL! I think the NAIC program is great, and to date, the real money I have made in the market has been with my long term, buy and hold stocks. I have tried trading in and out (and although it may be fun) it just hasn't given me the profits that my original strategy has. FYI - I hope I haven't rambled on too much ... Pete Dollar cost averaging is good - I just will not do it through Harris Bank anymore!