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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Tomcat who wrote (105625)11/12/2003 5:35:21 PM
From: DRBESRespond to of 275872
 
re: What? Is this a new math kinda thing?

YUP! The magic of higher arithematyic .



To: Tomcat who wrote (105625)11/12/2003 5:54:24 PM
From: TechieGuy-altRespond to of 275872
 
It's the "smart investors that get in early math!" also known as "return on original investment".

Let's say you bought AMD when it was at $10 a few months ago.

Todays move would have returned you 14.6% on that original investment vs.if you spent the same amount of money yesterday which would have netted you "only" 8.6%.

Now when AMD is at an all time high of $48, even a $1 move will net you 10% ROI, vs a %gain of only 2% for that $1 move on that day.

TG


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