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To: Bill Harmond who wrote (73802)8/14/1999 3:41:00 PM
From: Eric Wells  Read Replies (3) | Respond to of 164684
 
>>Is that a bad thing?

William - I'm not commenting on whether it is good or bad. Certainly some would argue the return is good - 10.84%, especially after the decline we have seen recently, is not so bad. Others would argue that the return is bad - that an investor could have earned more investing in an S&P index, or a blue chip such as MSFT or even Boeing.

I believe it is a useful exercise to step back every once and awhile and evaluate the past performance of a stock. Of course key to such evaluation is the timeframe you choose. I could have chosen a timeframe beginning in late April - and the return would have been very negative. Or I could have chosen Aug 14, 1998, to get a more positive return. Instead I chose what I felt was the least arbitrary starting date - the beginning of the year. Just looking at the numbers alone, one could make an argument that for the amount risk these stocks (YHOO, AMZN, EBAY and AOL) carry, the return is not justified.

But - again, I'm just posting the data - each investor on this thread should interpret the data from their own perspective, and reach their own conclusions.

Thanks,
-Eric