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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Teresa Lo who wrote (5550)	2/10/2001 2:01:30 PM
From: Dave	Read Replies (5) \| Respond to of 8925

Teresa, I just stumbled across this thread and found it very interesting. One thing that has been perplexing me is, how much damage the retail client has really suffered. I am responding to the following comment that you made: "...it's amazing how the average actually masks all this damage to the average retail client. They are getting killed out there." I definitely believe that the retail client is getting clocked, but I'm amazed that I haven't heard about any lawsuits against the analysts or brokerage firms ... after all, we are a society of victims <g>. Your recent posting of the most active stock charts, prompted me to put together a quick table on most of these stocks, showing the average return over the last few years. Amazingly, it really is pretty good! The only investors that are definitely getting decimated, are the ones that bought at the all time highs. See the table below: % Gain if bought at various dates All-Time 1/1/97 1/1/98 1/1/99 1/1/00 1/1/01 High JNPR 409% - - 146% -18% -66% NTAP 1173% 850% 238% 89% -26% -75% JDSU 1278% 747% 395% 45% 9% -72% BRCM 500% - 143% 57% 1% -72% MSFT 179% 80% -16% 51% 36% -51% AMCC 2925% 2635% 900% 134% -30% -59% ARBA 10% - - 26% -41% -87% SDLI 2424% 4155% 1519% 149% 16% -65% BRCD 1211% - - 170% - 2% -45% AMAT 355% 175% 92% 67% 8% -63% SCMR - 64% - - 22% -27% -89% DELL 573% 119% -37% 46% 34% -61% SEBL 1816% 1038% 613% 138% 9% -51% EMLX 3837% 4251% 1616% 122% 22% -31% CIEN 332% 160% 1016% 287% 21% -47% WCOM 6% -5% -59% 37% 19% -71% BEAS 3285% 1087% 1601% 152% 0% -41% CHKP 2322% 1178% 1099% 237% 17% -27% PMCS 1362% 643% 260% 73% -15% -77% YHOO 1724% 237% -55% 12% -1% -89% AVG: 1283% 1157% 583% 103% 2% -62% For stocks that weren't trading in 1997, I used the closing price on the day of the IPO. Of course, these are the hottest stocks and don't take into consideration all of the dot-com complete implosions. I guess I can imagine how the average retail investor is somewhat complacent, if their returns are even remotely close to those above. Assuming they weren't the proud owners of the all-time high top ticks, they are just probably ignoring the current action, because after all, they always come-back ... right?! Regards, Dave