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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Henry D who wrote (39057)	11/1/2000 5:32:37 PM
From: Scott Brooks	Read Replies (1) \| Respond to of 70976

It is the multiple, not the absolute $ gain

To: Henry D who wrote (39057)	11/1/2000 6:06:47 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Henry D, as Scott said in the Post following yours, "it is the multiple, not the absolute $ gain. " Percentage change (or gain) from 4 to 80 is 1900% not 2000%. In other words, a one bagger investment became a 20 bagger. Actually, the High reached by AMAT was 108 3/8 not 116. Now, 108 - 23 = 85. Okay, let's forget about the time premium left,... 85 - 4 (my cost) = 81. Percentage gain from 4 to 81 = 1925%. Sorry, I don't even recall the symbol anymore so I can't give you the historical chart. Is it WPJAF?