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To: BGR who wrote (83504)12/3/1998 1:27:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Apratim, you said I wish DELL had a DRIP.

I thought I demonstrated to your satisfaction that a share buy-back program was in fact a tax-advantaged DRIP. When Dell uses excess cash to repurchase shares the amount of money used to buy shares represents a dividend (albeit tax deferred and converted from ordinary income to capital gains).

TTFN,
CTC



To: BGR who wrote (83504)12/3/1998 10:58:00 PM
From: Dr. David Gleitman  Read Replies (1) | Respond to of 176387
 
Re:
This is why DCA using DRIPs makes sense. I wish DELL had a DRIP.

What's a DRIP?

David


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