Re: investment advices

From: Xiang Long (xlong@math.purdue.edu)
Date: Tue Jul 23 2002 - 13:16:13 CDT


To be fair, equity prices are risky, don't blame the crash, the chances
are always there. Guess who win these money? It's a game to trade, winner
and losers are a must.

These risks are always there, people just did not realize it when the
market is booming. The traders like volatile market(to good traders this
means opportunity)....



On Tue, 23 Jul 2002 xdluo@attbi.com wrote:

> If you had bought $1000.00 worth of Nortel stock one
> year ago, it would now be worth $49.00.
>
> With Enron, you would have $16.50 of the original
> $1000.00.
>
> With Worldcom, you would have less than $5.00 left.
>
> If you had bought $1000.00 worth of Budweiser (the beer,
> not the stock) one year ago, drank all the beer, then
> turned in the cans for the 10 cent deposit, you would
> have $214.00.
>
> Based on the above, the current investment advice is to
> drink heavily and recycle.
>



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