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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TGPTNDR who wrote (146876)	5/4/2002 3:26:19 PM
From: TimF	Read Replies (2) \| Respond to of 1573708

I'm underwater on 300 shares of JDSU. Fortunately I only paid $4.29 for them (not over $100 like some people) but I guess I bought to soon... Tim

To: TGPTNDR who wrote (146876)	5/5/2002 9:36:32 PM
From: Mani1	Respond to of 1573708

Re <<My guess is that equal $ amounts across your list will pay off at over 10%/year compounded for the next 20 years.>> 10% a year for 20 years is is nothing to be ashamed off, but for some of these stocks it only would take them back to what they were trading 6 months ago. That's right, compound appreciation of 10% over the next 20 years will take them no where near what they were trading not too long ago. I think when one thinks about these numbers, it really sheds some light to the magnitude of the crash in these blue chips. Also I am certain you can make better that 10% holding on to these companies bonds instead of the common. Re <<Why aren't you running a mutual fund?>> Not sure what you mean, but I am running a Mani Ahmadi fund and am willing to stack up my returns against anyone. :) Mani