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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: Wyätt Gwyön10/1/2004 6:14:23 AM
   of 110194
 
Quote of the Week:

"Merck is only one company ... in a diversified pot across industries," says Jason Farago, spokesman for the Jersey City-based Lord, Abbett & Co., which owns 11.5 million shares in its funds, according to June 30 filings with the Securities and Exchange Commission.

yesterday's $12.07 loss times 11.5 million shares means you lost $138.8 million in one day. luckily, it's "only one company"...just a flesh wound!
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