Word: stockings
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Dates: during 1990-1999
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...about Maytag? I love their washers and dryers. The stock is down huge from the high. The balance sheet is great, and so is the management...
...glittering dream machines than any number of tasteful Scandinavian vases or floppy fiber art. My only regret is that the show doesn't (so to speak) go the whole hog: with the exception of the iconic chopped Harley that Captain America rode in Easy Rider, everything in it is stock, so that it ignores the creative ingenuity that has gone into making the custom bike one of the distinctive forms of American folk...
...market's craziness last week brought that lesson home to me. While everyone knows the troubles that left the market vulnerable--Asia, Lewinsky, stock prices that are historically high relative to earnings--what set off last Tuesday's rockslide was one of those oft-quoted gurus, Ralph Acampora of Prudential Securities, who reversed his prediction of a day earlier and said on CNBC that we may be entering a bear market for blue chips. The Dow Jones 30 industrials shed 300 points in a flash. But the real pain came Wednesday, when the market dropped an additional...
...yeah, the Maytag I didn't buy on Wednesday? At the closing bell the company announced a massive stock buyback. I bought it the next day at $1 a share more than I would have paid if I'd listened to my wife...
Sure, we can all hold off buying until the TV stock gurus tell us some market "bottom" has been reached. We can all sit in cash and never take any risk. Or we can buy companies we've researched and believe in that are pulled down by panicky selling of the overall market. The latter is what's called investing...