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To: Howard S. who wrote (9467)2/4/1998 9:41:00 PM
From: DavidG  Read Replies (1) | Respond to of 25814
 
Howard,


True, but I think his point is that once you lose 50% and your $100 is now $50, it
takes a 100% gain from that point to recover the $50 you lost. (The 100% gain
required to get it back is twice the 50% loss.)


Do you REALLY think that the loss is "twice as harmful"?<g>

DavidG