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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (33462)	10/6/1998 10:53:00 PM
From: phbolton	Read Replies (1) \| Respond to of 132070

here is a diverse group: pan am, american motors, continental-illinois bank (or whatever their name was), penn central railroad as I recall about half of the 1930/40 Dow 30 companies are no longer with us, may be worth a look if you want more ammo

To: Skeeter Bug who wrote (33462)	10/6/1998 11:01:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 132070

Skeeter, >>5 companies as large as gtw that filed for bankruptcy. How about the great Penn Central.<ggg> Joan

To: Skeeter Bug who wrote (33462)	10/6/1998 11:25:00 PM
From: Joseph G.	Respond to of 132070

Wang labs Message 5919057

To: Skeeter Bug who wrote (33462)	10/7/1998 12:47:00 AM
From: Tim McCormick	Read Replies (1) \| Respond to of 132070

SB, at the peak how big was Commodore or Telex? Tim

To: Skeeter Bug who wrote (33462)	10/7/1998 10:28:00 AM
From: Knighty Tin	Respond to of 132070

SB, Penn Central, Continental Illinois, all the railroads several times, Mostek, Mohawk Data Sciences, Franklin National, Con Ed, Commodore Intl., National Business Rental, Wang, etc. Many of those were not as big as GTW is today, but when adjusted for inflated dollars, they sure were. Of course, they weren't at their peak of capitalization when they hit the skids. -g- If you want a more complete list, find a Value Line from the early 1970s and turn to the tech sectors. Nearly half the names on the list no longer exist, and some were carrying $100 + prices back in the 60s and 70s. However, I think the question skirts the problem. A stock can fall a long ways and stay there forever without ever declaring bankruptcy. As the saying goes, "All tech stocks eventually go to $4." <G> GTW from $60 to $4 would be as painful as a bankruptcy, unless you use a very fine pencil to figure your maximum loss exposure. MB