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To: Toby Zidle who wrote (305)	6/26/1999 2:52:00 PM
From: broken_cookie	Read Replies (2) \| Respond to of 381

After 240 trading days at 50% a day and starting with one dollar, you would have 1.8 x 10^42 dollars which I believe exceeds the number of subatomic particles in the Universe. Nice return on a buck :)

To: Toby Zidle who wrote (305)	6/26/1999 3:14:00 PM
From: heronwater	Respond to of 381

Go easy on Daniel. Children have a tendency to exaggerate. <g> Toby, if you make it your quest to find ANY individual who may make 50% a day, please inform me immediately. I will forever be your humble servant. Best wishes and caviar dreams. HW

To: Toby Zidle who wrote (305)	6/28/1999 11:12:00 AM
From: pooh	Read Replies (1) \| Respond to of 381

Hi Toby, "50% is just a number." The hell it is! This is a weaseling equivocation comparable to something that would come out of Washington. If a guy started with $1000 and compounded it 50% daily, within months he'd have Buffet and Soros working for him. In a year he'd probably buy out Bill Gates. In two years, he'd be working with figures equivalent to the national GDP. According to my calculation, within 10 weeks (50 days), with $1000 as capital and 50% daily, he could buy the whole Microsoft, not just Bill gate. If he does that in one year? There would not be enough money in the world for his bank account, not just the US's national GDP. Formula is quite simple: F = P(1+i)^n where F is future value, P is present value, i is interest rate (x100) and n is the period. You can do the same with Excel, using function FV(rate, nper, pmt, pv, type) But why bother with a 15-years old? pooh