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To: carl a. mehr who wrote (97277)1/24/2000 12:28:00 AM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Carl - Re: "I must challenge those figures. You used the word compounded annually and did a simple divide by 3.51 years. It does not work like that...The correct annually growth rate for 3.58 yearly periods is 60.5% "

You are absolutely correct - I made a stupid mistake.

Thanks for pointing that out.

60.8% CAGR isn't all that bad, however.

Paul