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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: Anthony who wrote (1652)10/5/2000 11:43:06 AM
From: David W. Taylor  Read Replies (1) of 2013
 
You should at least feel better than poor Fred. In less than two weeks his paper losses are around $12,000.

Where did Fred's $12,000 go? Why nowhere! This is not a zero sum game. The money has literally ceased to exist.

A boring Treasury Bill would have made a small profit that is guaranteed in that time and all of his capital would still be right there.

We live and learn.
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