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To: sergeantdave
If you had bought gold at its low in the 1990s, you'd have doubled your money. If you bought a basket of Nazdog stocks at the same time, you'd still be out money.

I think your charts are upside down. The Nasdaq was around 350 in early 1990's, it's up 700+% since then. As for individual stocks, I remember that well. I went long Dell in 1993 at a split adjust 33 cents. It's now 31. Microsoft and Intel and Cisco were the only other big Nas stocks people bought back then. Each have split 8 times.

86 posted on 12/07/2005 7:26:21 AM PST by T. Jefferson
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To: T. Jefferson
sergeantdave: If you had bought gold at its low in the 1990s, you'd have doubled your money.

T. Jefferson: I think your charts are upside down.

Gold's low was in 1999. It has outperformed the Nasdaq by 73% since then... sergeantdave's post was accurate.

Gold = Green         NASDAQ = Blue

87 posted on 12/07/2005 7:36:37 AM PST by simon says what
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To: T. Jefferson

The price of gold hit $250 in May, 1999. So your Nazdog buy in 1993 has no relevance. If you bought both gold and a basket of Nazdog stocks in May, 1999, you'd have doubled your money in gold. With Nazdog, you'd still be out money.


160 posted on 12/07/2005 1:30:16 PM PST by sergeantdave (Member of the Arbor Day Foundation, travelling the country and destroying open space)
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