The Stingy News Weekly (02/16/01)
The Markets This Week
DOW 30: 10799.82 +0.17% to a P/E of 26.3
TSE 300: 8393.23 -6.30% to a P/E of 21.8
The big news of the week was Nortel's plummet from grace. A full one third of its value was erased on Friday and Nortel is now down from a high of $124.50 to $31.00 (over 75%). It appears to be joining the likes of Laidlaw as a piss poor investment.
In a bear market, you'll be punished for closing your eyes
I guess we must be in a bear market. Personally, I've not noticed since value is having a rather good year.
Help! I think I might get laid off.
For all those poor Nortel employees out there.
Collapse of the E-Universe
A keen chart that shows when the next dot com will die.
Are You A Chump?
Why pay taxes when no one else seems to be doing so? Well, Revenue Canada is nastier than the IRS...
Some keen investment quotes collected by Bylo.
The trivia questions this week are:
The trivia questions and answers from last week are:
Winter Warmth Contest
I'm pleased to announce that the winner of the Winter Warmth Contest is Tejinder with a winning entry of 150. The average of all entries was 211.25 and Tejinder was the closest to 158 (0.75*211.25). The highest entry was 638 and the lowest was 5.
Remember that in the original contest the winning answer was 13. This would correspond to 148 in the Winter Warmth Contest and is quite close to 158. I find it fascinating that the winning answer remained quite similar to the original.
Anyway, I hope that Tejinder enjoys the insanity sauce!
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