VoIP Index performance this year:
How hot this sector has been: here's a list
of my VoIP index as of August and as of
around the close of market today. If you
had invested $2,000 in each of the six
companies in August, you would be sitting
on almost a 200% return today:
[as of August 5, 1999]
AUDC - $23.88 ($2000/$23.88 = 83 shares)
EGHT - $2.88 ($2000/$2.88 = 694 shares)
ETEL - $3.06 ($2000/$3.06 = 653 shares)
CLRN - $23.94 ($2000/$23.94 = 83 shares)
NTOP - $16.88 ($2000/$16.88 = 118 shares)
VOCL - $8.50 ($2000/$8.50 = 235 shares)
[as of December 13, 1999]
AUDC - $5,519.50 (83 x $66.50) - $1,982.04 (83 x $23.88) = $3,537.46 (+178%)
EGHT - $3,775.36 (694 x $5.44) - $1,998.72 (694 x $2.88) = $1,776.64 (+88%)
ETEL - $7,999.25 (653 x $12.25) - $1,998.18 (653 x $3.06) = $6,0001.07 (+300%)
CLRN - $7,490.75 (83 x $90.25) - $1,987.02 (83 x $23.94) = $5,503.73 (+276%)
NTOP - $7,537.84 (118 x $63.88) - $1,991.84 (118 x $16.88) = $5,546.00 (+278%)
VOCL - $3,393.40 (235 x $14.44) - $1,997.50 (235 x $8.50) = $1,395.90 (+69%)
$11,955.30 investment would have yielded $35,716.10 or a 198% return.
8x8's breakout will come! As always,
check my math. |
