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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (4415)	5/20/2002 3:17:26 PM
From: Berk	Read Replies (1) \| Respond to of 24758

Several decades ago I was a broker with a research "boutique" on WS, back in the days of the Nifty Fifty. They loved those then as much as they loved the current crop a year or so ago, in particular Polaroid at any price under $100. They finally threw in the towel at $20 and said to avoid it. Thereafter the stock did fall to $15, bottomed and had a double from there. The point is that we are probably close in time but maybe not in price to a bottom. BTW the firm I was with was acquired by MER a few years later.