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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: LWolf who wrote (70193)10/8/1998 8:02:00 AM
From: LWolf  Respond to of 176387
 
Forbes article on LTCM (sorry if this has been posted already)

A Solid Analysis Of The Long Term Capital Debacle: Archimedes On Wall Street by Robert Lenzner

"John Meriwether seemed to have a magic touch. What he really
had was nerve-wracking leverage. With $4.8 billion in capital,
Meriwether controlled $160 billion in stocks and bonds, plus
derivatives with a notional value of $1 trillion. That's 240-for-1.
As we will explain, it got even worse than that."

forbes.com




To: LWolf who wrote (70193)10/8/1998 8:06:00 AM
From: KM  Read Replies (1) | Respond to of 176387
 
J. Cramer on the Greenberg Dell comments:

Random musings: I am selling my Dell (DELL:Nasdaq) off of Herb's comments. He is too powerful. I don't want to be hung