Archived posting to the Leica Users Group, 1999/03/08
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Hi Bill, I am well aware of selling a stock short. Its just unfortunate that you have to bet on the company's stock to go down to make money. Perhaps it will turn around. Peter K - -----Original Message----- From: Bill Erfurth [mailto:m6rf@yahoo.com] Sent: Friday, March 05, 1999 4:01 PM To: leica-users@mejac.palo-alto.ca.us Subject: [Leica] Re: Leica Stock Price and Chart From: "Kotsinadelis, Peter (Peter)" <peterk@lucent.com> Leica stock chart indicates its a great way to lose money quickly:-( Wonder if it has the same trend as sales for the Ms and Rs.....hmmmm....;-} - - - - snip - - - Hi Peter and others, What you say is not exactly correct. You can make money on a declining stock by "shorting" or "short selling" it. But the important thing that the chart shows is that there is a very good upside potential for this stock if you believe in the company, their products, and the new management. And, judging from Herr Cohn's (the new CEO)comments, one of his primary objectives is to keep the stock holders happy. For those of you who are interested, the Leica stock chart can be found at the address below: http://www.bank24.de/cgi-bin/cgichart?type=5&dsatz=3138&sort=1& Regards, Bill _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com