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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (3733)	12/13/1997 1:38:00 PM
From: Cytokine1	Read Replies (1) of 9719

Vector, Rman, Andy and all VD Clubsters: Preliminary accounting dope: Figured 4/9/97 thru 12/31/97 (will change if additional transactions occur.) ********************* Margin interest: $7422 Transaction costs: $1160 ********************* Based on 7% margin interest times 267 days with average daily balance of the margin account of $109479. Short sale proceeds were not used to decrease ADB, since they are classified as "phantom profits". .07 divided by 365=.000192, daily rate .000192 times 267 days=.051205, rate .051205 times ADB of 109479=$7422 Transaction costs are based on 58 transactions times the arbitrarily selected figure of $20 per transaction=$1160 All suggestions and corrections will be considered (just be easy on old C1). It is entirely possible that I have screwed something up here!! { ; >

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