Re: Employee Stock Purchase Plan?

jIM wrote:

> My opinion is that as you have termed your strategy, you are taking on
> a lot of risk for a 1.5% annual gain.

I disagree *if* the OP is able to flip the shares upon receipt.

> 
> I would hold the stock longer in hopes of getting upside appreciation
> and improving the return.  

<snip>

> I would plan to hold for some time.

I have to disagree with this as well.  I have participated in these 
plans before (however, the plan at my current employer is inside our 
401(k) but offers no discount and a minimum 5 year holding period - why 
would anyone do that?) and I usually flipped my shares as soon as I 
received them.  But I did that because I evaluated the company and 
decided that I wouldn't buy shares outside the plan, so why would I hold 
shares inside the plan?  If the company is worth holding, that might be 
the right choice.  But that's certainly not always the right choice.

-Will

william dot trice at ngc dot com

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