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Technology Stocks : Data Dimensions

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To: hasbeen101 who wrote (2549)	8/7/1997 10:47:00 AM
From: Bob Trocchi	of 4571

Damien. The best possible profit would be 150% ( $30 / $20). Over 4 years, that is a compound return of 25.7% per annum. Not so wonderful, since I can get that from a mutual fund with much lower risk. I recently went through a major review of all my mutual funds ( retirement stuff) with my Investment advisor. My goal is a 10% (after paying him) average yearly gain. His response was as follows " Bob, I wish just a few on my clients had that view. Today all my new clients are expecting 25%/yr. and I am having a terrible time convincing them that 10-12% is the historical norm over the past 100 years. I expect to lose business over this We are getting close to a top with the runaway thinking that is in the marketplace today." I agree with him. The average returns over the last few years ust cannot keep up IMO. Damien, If I really thought I could get 25%/yr. without significant risk, in the best of mutual funds/ yr. over the next 20 years, I would be vacationing on the Gold Coast every year as just one of my vacations!! I wish you the best but IMO, don't bet of 25% returns from Mutual Funds Still Short, Still Underwater, Still Patient and Questioning my decision! Regards Bob Trocchi

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