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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?


To: taxman who wrote (943)1/24/2000 12:28:00 AM
From: OX  Read Replies (2) | Respond to of 1235
 
>>>"a stock will generally only drop to book value"
(I did not see this stmt by Tom initially)

taxman,

I can't tell...
is this tongue-in-cheek humor?
or are you being serious? :-)

the operative word here is "generally".
stocks can and have fallen below book value.