Sound Investment Advice from the Pros
eric dorkin
eric_dorkin at yahoo.com
Thu Aug 15 09:44:23 PDT 2002
>From the Washington Times:
This intriguing stock theory is said to have
originated from the desk
of John A. Millard of Shearman & Sterling in New York:
"If you had bought $1,000 worth of Nortel stock
one year ago, it would
now be worth $49.00.
"With Enron, you would have $16.50 of the
original $1,000.
"With WorldCom, you would have less than $5.00
left.
"If you had bought $1,000 worth of Budweiser (the
beer, not the stock)
one year ago, drank all the beer, then turned in the
cans for the 5-cent
deposit, you would have $107.
"Based on the above, my current investment advice
is to drink heavily
and recycle."
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