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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (9451)2/5/1998 12:07:00 AM
From: Uncle Frank  Read Replies (1) of 25814
 
>You need a gain of one hundred percent to overcome a loss of fifty percent.

Huh? Please explain how this works. Is this New Math or something?

I think what you're saying is... if you lose 50% on an investment, you then need to gain 100% from that point in order to break even on that very same investment.

If that's correct, please send the a prize for solving your riddle.

Frank :-)
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