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Non-Tech : YEAR 2000 STOCK PICKING CONTEST -- Ignore unavailable to you. Want to Upgrade?

To: RSH who wrote (944)2/18/2000 2:21:00 PM
From: CatLady  Read Replies (2) | Respond to of 1146
 
Page 15 of my yellowed 1989 paperback edition of One up on Wall Street:

"In Wall Street parlance a tenbagger is a stock in which you've made ten times your money. I suspect this highly technical term has been borrowed from baseball, which only goes up to a fourbagger, or homerun. In my business a fourbagger is nice, but a tenbagger is the fiscal equivalent of two homeruns and a double. If you've ever had a tenbagger in the stock market, you know how appealing it can be."



To: RSH who wrote (944)2/18/2000 2:24:00 PM
From: Jack Hartmann  Respond to of 1146
 
RSH: On page 15 of Lynch's Book -
"In Wall Street parlance, a "ten bagger" is a stock in which you've made ten time your money".
Mine is a 1989 edition of his book so page numbering may be different. Well worth the few dollars it costs.
Jack


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