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Strategies & Market Trends : Ask DrBob
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To: stan_hughes who wrote (41469)7/27/2001 9:24:09 AM
From: Louis V. Lambrecht  Read Replies (1) of 100058
 
stan - I beg to disagree: the worst is over for JDSU.

Your commentator is correct, coming from $160 to $8 was the biggest part, only $8 to go before you will have to pay to keep the stocks.

I wonder how comes that the big boyz haven't implemented negative quotes yet.

Funds are starting, read that (don't remember if it is Fido or Pru) has new fine prints prohibiting redemption in volatile markets.
It would be much simpler to implement an uptick rule: redemption allowed only when the NAV is 2% higher than your buying price (2% for the exit costs).

Or, even simplier, request from all account holders half a dozen of blank signed checks for "unexpected or one time charges".
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