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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (10014)	3/4/1999 9:42:00 PM
From: Ian@SI	Read Replies (4) \| Respond to of 18016

Doug, doug, doug, Where, oh where do you come up with your bizarre impressions and inability to do simple math? b: Internal growth which at best can be 20%/yr* for a large Company.* 20%!!! Where is that law written? Or are CSCO, DELL, IBM, MSFT, ... and many other large cap, high tech stocks all committing a felony? Next lesson in math is the rule of 72: i.e. to double in 3 years, one needs about 72 / 3 or 24%CAGR. e.g. Yr 0 = 1. Yr 1 = 1.24 Yr 2 = 1.5376 Yr 3 = 1.91 or less than 10% from a double. We would actually need a 26% CAGR to double in precisely 3 years which happens to be somewhat less than the 30-50%CAGR achieved and forecasted for leaders in this sector. Now if you want to make an argument that NN is not and will not be a leader, that's completely different. But your math could be substantially improved. Ian.