Out comes the calculator... :) $5000 invested into 3com at it's lowest price point in 1995 (before the 2:1 split) would have bought you about 113 shares (44.375/share). You would be holding 226 shares today because there was one 2:1 split at the end of 1995. At today's market price of 27-11/16 your shares would be worth $6328. Assuming you bought the shares in January of 1995 that would leave you with a 5.07% return per year. That should be enough to cover inflation over that time period but only by a few percentage points. $5000 invested into Cisco at it's lowest price point in 1995 (before the 2:1 and 3:2 splits) would have bought you about 154 shares (32.50/share). You would be holding 1386 shares today because there have been two 2:1 splits and 2 3:2 splits since then. At today's market price of 65-7/8 your shares would be worth about $92,000. Assuming you bought the shares in January of 1995 that would leave you with a 84.38% return per year. I think my math is correct, but you get the picture in any case :) Mike McHenry Systems Administrator MinnNet Communications, Inc. -----Original Message----- From: owner-usr-tc@lists.xmission.com [mailto:owner-usr-tc@lists.xmission.com]On Behalf Of Jeff Mcadams Sent: Monday, October 18, 1999 1:37 PM To: usr-tc@lists.xmission.com Subject: Re: (usr-tc) ISPCon/3Com Open Meeting Thus spake CyberPort Montana
Actually you would be losing money. Not only have you lost the use of the money for 4+ years (time value), the actual value of the money has gone down (inflation).
Well, yeah...true...I really didn't feel like digging out my Econ 101 and 102 though. :)
At 01:06 PM 10/18/1999 -0700, you wrote:
This all means...if you had purchased 3Com stock in early to mid 1995, you would be breaking even at this point (3Com doesn't issue dividends, so you can't even count on dividends for gains here) -- Jeff McAdams Email: jeffm@iglou.com Head Network Administrator Voice: (502) 966-3848 IgLou Internet Services (800) 436-4456
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