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Re: TREND1 post# 89

Sunday, 08/03/2003 6:16:29 PM

Sunday, August 03, 2003 6:16:29 PM

Post# of 285
Yahoo Historical Quotes shows a split-adjusted price of $6.27 for AMAT on 9/22/1995:

http://table.finance.yahoo.com/d?a=8&b=1&c=1995&d=8&e=30&f=1995&g=d&s=am...

By the way, today I thought I heard Bob say that he first recommended MSFT at a split-adjusted $2 per share in 1990 (he didn't specify which month). This doesn't quite make sense, because the split-adjusted range for MSFT during 1990 was $0.58 to $1.13.

http://table.finance.yahoo.com/d?a=0&b=1&c=1990&d=11&e=31&f=1990&s=msft&...

I also heard him say that he switched to 4% by market value in the newsletter in the Fall of 1998. I looked it up and found the following statement in the October 8, 1998 issue: "We believe specific stock risk should be managed carefully by limiting individual stock holdings to no more than four percent of equities based on market value." The limitation in the previous issue did not mention market value. MSFT was trading in the split-adjusted $24 - $25 range in the first few trading days after the publication date. Depending on how close the individual subscriber was to the 4% guideline when this change was made, it could have resulted in 90% of the position being sold at that time. Since it's only in the mid-twenties five years later, this looks like it was a good move.

http://table.finance.yahoo.com/d?a=9&b=1&c=1998&d=9&e=31&f=1998&g=d&s=ms...




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