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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Robert O who wrote (28396)2/17/1999 7:04:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 70976
 
Looks like he assumed 365 trading days per year.

365
1.0034 = 3.45

It also looks like he did his calculation before the official closing
price came out, as the actual drop today was 0.74%.

0.5 / 67.875 = 0.0074



To: Robert O who wrote (28396)2/18/1999 6:10:00 AM
From: Duker  Read Replies (1) | Respond to of 70976
 
Refer to Richard's response ... you don't annualize things using trading days ... you want the largest possible number to stretch your returns !

Sorry I used .34 instead of the close ... missed another opportunity to juice those returns.

Practice your algebra <g>.

--Duker