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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Lorne Larson who wrote (3514)	6/23/2002 4:46:49 AM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

LORNE THIS IS WHY YOUR WRONG READ IT AND WEEP Message 17602123 ----- Care for another example. L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys ERF which at the time of the switch ,mid dec ,is $24 which gives him 248 units. ERF is now $26.95 He now has $6681 6681 - 7000 is -$319 or -4.6% Now since we can just reuse P's results from above. P's +14.5% gain is more than L's -4.6% here.------- ----- Lets do another. L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys NAE which at the time of the switch, mid dec, is $9 which gives him 661 units. NAE is now $9.85. He has $6512 6512-7000 is -$488 or -7.0%. Compare that to P's +14.5% gain. ------- ----- Yet another, L sells PWI at that 15% loss. He has $5950 left from his original $7000. He buys PVE which at the time of the switch , mid dec, is $8.25 which gives him 721 units. PVE is now at $10.60. He has $7645. 7645 - 7000 is +$645 or +9.2%. Compare that to P's +14.5% gain.-----

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