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To: Jonathan Lebed who wrote (3607)2/26/1998 11:13:00 PM
From: dave brown  Read Replies (1) | Respond to of 14266
 
It's real easy to say you've got a portfolio that averages 2000% per year. Anyone who thinks they can consistently make that kind of money in the stock market is either a liar or an idiot. If it was that easy we would all be rich.

BTW, can you explain why BGIX and FAMH are down 39 1/2% and 76% from their respective 52 week highs? Why would issues with such compelling investment qualities be performing against the general market?

Incidentally, I have played only the Nitro game in the WCW series. I really enjoyed PAX much more.

Dave B.



To: Jonathan Lebed who wrote (3607)2/26/1998 11:31:00 PM
From: Zirdu  Read Replies (2) | Respond to of 14266
 
<< since my entire portfolio averages a 2000% per year return. >>

Wow! This is impressive. At this rate, you will surpass Bill Gates in no time at all. As I figure it, at 2,000% per year, you can turn $10,000 into about $41 billion in only 5 years. I tried to figure out how much you will have in 10 years, starting with $10,000, but my calculator ran out of space. So I tried it again, assuming you only started with $1, and it still ran out of room. Since I assume you started with more than $1, I have to believe you will end up with all the money in the world sometime within the next 10 years. This worries me, because then there won't be any left for me.

RR



To: Jonathan Lebed who wrote (3607)2/27/1998 12:59:00 AM
From: Ken  Read Replies (1) | Respond to of 14266
 
yeah, right, John...2000%!!! you must be leveraged to the max...the harder the rise, the harder they fall..remember that John...