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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tony van Werkhooven who wrote (5306)	7/30/1998 11:02:00 PM
From: MikeM54321	Respond to of 9980

Tony, Let's do a quick example: First Year 1: Q1 $1.00/share Q2 $1.00/share Q3 $1.00/share Q4 $1.00/share -------------- Yr $4.00/share Then Year 2: Q1 $1.10/share (a 10% increase yr. over yr.) Q2 $1.10/share (a 10% increase yr. over yr.) Q3 $1.10/share (a 10% increase yr. over yr.) Q4 $1.10/share (a 10% increase yr. over yr.) -------------- Yr $4.40/share (a 10% increase yr. over yr.) Well you're right. I feel pretty stupid. For some reason when I did this in my head, something went wrong and I came up with somehow thinking the quarterly increases were cumulative. I have no idea why. It seems so simple once I write it out. Intuitively, I knew you were right, but for some reason doing the math in my head, I messed something up. Oh well, thanks for making me put it down in writing. Cleared it right up! MikeM(From Florida)