Word: zero
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...first is epitaph-like memorials of the day itself, such as Anne Nelson's salute to New York City firemen, The Guys, starring Tim Robbins and Susan Sarandon, which has been filmed with Sigourney Weaver. Or British actor and director Steven Berkoff's solo performance Requiem to Ground Zero. (Both, along with dozens of other Sept. 11-themed shows, graced this year's Edinburgh Fringe Festival.) "I haven't tried to make political capital," says Berkoff. "I feel deeply for the victims and wanted to portray that." While Berkoff uses verse to emphasize the epic magnitude of the disaster, French...
...moments like this, one common mistake is to hunt among fallen angels in the $2 range. Such stocks often end up in the zero range (see box, next page). Another mistake is to focus on companies that fell the most from their highs. In many cases the old high had no basis in reality and won't recur in your lifetime. The handiest measure of a stock's value is its price-to-earnings (P/E) ratio--price per share divided by earnings per share--compared with that of other companies in its industry and with the market and historical averages...
...term survival fade. With plenty of cash and a sensible strategy, the odds are better. That's why Majcher likes Gateway, an unpopular view among some analysts. Its stock is trading 95% off its peak, after a series of missteps. Majcher expects PC sales to pick up eventually. With zero debt and $1 billion in cash on its balance sheet, Gateway is an unlikely candidate for bankruptcy...
...want to play the game yourself, there are dozens of mutual funds specializing in undervalued small-cap companies. But even the pros come up with lemons on occasion. "We're very familiar with the fact that companies do go to zero," Selch says. That's the thing about cheap stocks. Sometimes you get even less than you paid...
...packed freeways and roads and promised 1,200 new full-time patrols over the next five years. De Robien is also considering testing such innovative measures as putting "black boxes" in cars to record speed and maneuvering, and lowering legal blood-alcohol limits from .5 grams per liter to zero. After a September summit between government officials, automotive organizations and safety advocates, De Robien is expected to introduce new legislation by year...