Word: stocking
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Dates: during 2000-2000
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...Currently down only $4 billion. WAS WORTH: $32 billion in 1999 NOW WORTH: $27.6 billion PAUL ALLEN Microsoft co-founder quits board of directors last month to focus on Web ventures, some of which Pop.com WebHouse) have been real duds. WAS WORTH: $22.4 billion in December in Microsoft stock NOW WORTH: $12.4 billion...
HENRY BLODGET Obscure stock analyst rockets to fame in late 1998 with prediction that Amazon will reach $400 a share. TRUTH: Media buzz catapults the unadjusted stock price to $355 CONSEQUENCES: Amazon falls back to earth; so does Blodget...
CANDICE CARPENTER A month after iVillage's IPO in March 1999, the stock price peaked at $130, only to slide to single digits by this summer, when Carpenter bowed out as CEO. WAS WORTH: $ 23 million, Oct. '99 NOW WORTH: $ 1.16 million...
Worth figures are based on stock holdings in their companies...
...They've been sweating at AT&T for a while. Since hitting $60 a share in April, the nation's largest long-distance and cable television provider has been a widows-and-orphans stock, but in the wrong way: It's killing investors. Falling prices in the retail long-distance game has pushed the shares as low as $21 since, and on Monday, with the stock at $27, AT&T's board met to consider a capitulation plan. Split the company in four, with a stock for each division, and let investors reward or shun each on its own merits...