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Technology Stocks : Newbridge Networks

NN 16.32

+1.2%

12:29 PM EST

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To: Bald Man from Mars who wrote (3623)	3/13/1998 1:44:00 AM
From: Thomas Scharf	Read Replies (3) of 18016

>>get $10,000 or $20,000 back<< Theoretically possible. If a stock doubles every year for 5 years, you will get a return of 32 times your original investment. Quite optimistic and not really likely, I admit, but not out of the realm of possible outcomes. A 20 bagger over 5 years needs a yearly growth rate of about 80%. You get a 10 bagger with a growth rate a little under 60%. Besides that, you would avoid paying any of those profit sucking short term gain taxes that force you to get much larger trading gains than us buy & hold types need for the same long term results. -Thomas

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