SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jock Hutchinson who wrote (9470)2/5/1998 1:48:00 PM
From: Beachbumm  Read Replies (3) of 25814
 
Jock, I just don't think we can trust you with the percentages when you obviously don't know the difference between "lose" and "loose"!!

Anyway, it is a little disingenuous to bandy about these percentages because, obviously, money has a certain value of purchasing power. To lose (NOT loose) 50% of one dollar is not the same thing as to lose 50% of $100. So gaining 100% on $50 does not involve so much purchasing power as gaining 100% on $100.

I would compare this dilemma to that of the flat tax. A true flat tax of 10% on an income of $100,000 is not the same burden as a true flat tax of 10% on an income of $10,000 because of the worth of money.

Now that I have completely stirred the pot, I swiftly exit.

Beachbumm
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News