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Pastimes : Home on the range where the buffalo roam

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To: Sig who wrote (9764)11/12/2002 11:17:34 PM
From: Sig  Read Replies (2) of 13815
 
Economic 102, Final exam
Question 1: Name a Nasdaq stock that sold for $250/ share after the IPO, whose sales have dropped from $120 mm to $20 mm with a loss of $91 mm. Hint the CEO is paid $2.3 mm, the ROE is -225 and the price is $1/sh
Quiestion 2: 79 institutions own 9.24 mm shares of this pig- Are they dumb ,or what?
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