Word: stockings
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Dates: during 1990-1999
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...During a 1996 speech at the American Enterprise Institute, a Washington-based think tank, Greenspan asked his audience whether stock market gains might have been due to "irrational exuberance." The next morning, markets tumbled worldwide, with the Dow Jones industrial average falling 140 points before recovering...
...hope he doesn't say something too crazy [at Commencement] or the world will go insane -making the stock market crash or something," Thurston said...
These newbies, who have seen the 20- and 30-fold moves of stocks like Amazon and Yahoo, think the danger lies in sitting out these moves in the Pepsis and Mercks. And who is to blame them? Lately I have come to wonder whether the risk-reward parameters I cut my teeth on are as out of date as those of my parents' generation, which saw utilities as safe, conservative growth vehicles that would leave hefty rewards for their children. They didn't. At what point, after how many new fortunes, can we proclaim the old paradigm of stock risk...
...sham pro-dump grassroots organization. His duties, according to San Bernardino County grand jury indictments and his testimony, included swiping confidential data, sabotaging potential deals and spreading rumors that linked Cadiz to illegal dumping and drug trafficking--all in an attempt to drive down its stock price and cripple its lobbying efforts. Last fall Lauricella was sentenced to six years in prison for his consulting efforts. Waste Management and four of its executives, who claim that Lauricella was a renegade acting on his own, have pleaded not guilty to various charges, including stock fraud and wiretapping...
BACK IN BUSINESS Some small-cap mutual funds that closed their doors when a surfeit of money made them hard to manage are open again--if you're game. Last week Fidelity said its Small Cap Stock and Low-Priced Stock funds will accept new investors, mostly because shareholders have been fleeing. Low-Priced's assets dropped from $12 billion to $7.8 billion in the past year. Small-cap stocks were hammered in general, making them something of a bargain...