CM, guess who! Greetings once again, SEEKers.
Reading about rally participation from the Harry Lime (Welles character from "The Third Man"?) shadows, thought I'd toss out this stat tidbit. I ran a profit and loss analysis of the Four Engines That Could for the past year. To my surprise, the spread among the four with a buy-and-hold strategy is very small. On a $1,000 investment from 7/15/97, the returns are as follow: YHOO, $4,595; LCOS, $4,444; SEEK, $4,106; XCIT, $3,958. All great investments, and not so far apart. Moving average returns are similarly comparable, though obviously, given the year's uptrend, the longer the period, the better the payoff.
SEEK's share price is lower, but to be sure, SEEK's engine pulls with the rest, even if it's not (yet?) the best.
Looking forward to further runs on the info highway ...
J |
