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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (12408)4/8/2001 12:11:30 PM
From: lightwave51  Read Replies (1) of 13572
 
An example of how far stocks have fallen

Lucent, recently trading at $6.75 a share, has fallen roughly 90 percent since you, ah, I mean since your cousin eddie bought it at its 52-week high of $67 in July 2000. In order for Cousin eddie to break even, how much will Lucent have to rise?

a) 67 percent
b) 90 percent
c) 666 percent
d) 893 percent
e) a billion gazillion percent



Answer:893%
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