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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (87528)	12/31/2003 6:06:41 PM
From: hdl	Read Replies (1) \| Respond to of 93625

i'm buying a powerball ticket- with a prize of over $200,000,000- and odds of 120,000,000 to 1. with rmbs- let your profits run.

To: Jill who wrote (87528)	1/3/2004 6:03:04 PM
From: Jill	Read Replies (3) \| Respond to of 93625

Okay, just for fun I asked a physicist friend of mine to calculate what I could earn on a return of 60% a week on an initial investment of $10,000. Of course, this is totally impossible to perform in reality, but then again, a runaway homerun on a gambling stock is unlikely, too...so for those who thought I should buy and hold: Here is a brief answer to your question about how much return can you get with a 60% monthly interest on your investment. There are actually (at least) two answers: Since the interest is so high it matters if it is compunded continuously or monthly. If it is compunded monthly, the answer is 1.6^(12) (= 281.5) x (initial investment)so you get some 281.5 times say $10000 = $2.8 million. The result is even better with a continuously compounded interest and than in a year you have something like 1338x(initial investment or with only $1000 initial invetment you become $1.3 million millioner! Not bad, huh? Dreams, sweet dreams...