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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST

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To: Skeeter Bug who wrote (123853)4/20/2001 10:05:47 AM
From: Kevin Podsiadlik  Read Replies (1) of 164684
 
Skeeter, hate to throw a monkey wrench in your figures, but are you split-adjusting the trading volumes? It seems kind of unbalanced to so severely underweight the prices from the early 90's when the total shares outstanding were less than today's average daily volume.

To put it another way...

remember, if you buy 1 share at $1 and 100 shares at $80, your breakeven point is about $79.

In CSCO's case that's wrong. If you bought 1 share in Nov 92, when CSCO was trading at what is now, after split adjustments, $1 per share, today you'd have 72 shares at that $1 cost basis. So if you later bought 100 shares right at the top (not quite $80, but I won't quibble), your breakeven point is really about $47.
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