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To: robnhood who wrote (11901)11/25/1998 11:37:00 PM
From: Bonnie Bear  Respond to of 86076
 
Much of the Russell 2000 is still at book value.
The idiot prize goes to the stockholders at ZD who hired an attorney and sued the company in mid-October when the stock dropped to 0.25 of book value.
And just who is getting these huge stock market gains? Joe Sixpack works for a Russell 2000 company, his 401K stock lost 30% of its value this year. His "value" fund hasn't moved in two years.
1.4 million new U.S. bankruptcies this year can't be all wrong. :-(


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