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To: pz who wrote (14221)5/9/1998 6:39:00 PM
From: Big Brother  Read Replies (1) | Respond to of 53068
 
Please disregard if someone has already addressed this issue. For those
who have shorted a stock for the contest, it appears that their %'s are
being calculated incorrectly (or unfairly). The % is 1-last/start. But
this really isn't the true % for a short. Your way of calculating it limits
the short to a 100% gain.

If I short a stock at 100, and it goes to 50 where I sell, my gain is 100%, no?
It would not be 50%, as you have calculated. Since I didn't short in the
contest, my selfish self tells me to not be concerned, but I thought you
should know, if it hasn't been addressed. Again, I haven't read any posts.

BB