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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: DownSouth who wrote (6443)	9/16/1999 8:22:00 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

Folks, When I wrote my initial report about Cisco's stock in the nine years since the start of their tornado, we were still a couple months shy of that 9-year benchmark. Assuming Cisco's stock had held through that benchmark, we were using a 93% average annual rate for Cisco's increase. I have now updated the information. Cisco's stock closed a little lower on the exact date of their 9-year benchmark. As a result, CSCO's stock increased 89% annually for first nine years, not 93% as we had been assuming. What price does Qualcomm have to be on April 1, 2007, to match the price appreciation of Cisco's stock? About $8,240 -- not $10,000 as we have been thinking. Darn. From here on out, I'm going to call it the round number of $8,000. --Mike Buckley