jokah.com

14Jun/020

Heard on the F train PA this morning: "This is York Street... Last stop in the beautiful borough of Brooklyn." :-p

Filed under: NYC No Comments
3Jun/020

Tyco CEO resigns and the stock tumbles yet more. I can at least find some solace in the fund manager's comments for American Century Ultra:

Ultra's industrial stake, namely its position in Tyco International, was a key source of underperformance. A long-time holding that had added value in previous periods, the international conglomerate declined under the weight of profit concerns, a significant shift in corporate strategy, and worries about the companys accounting practices. The Ultra team eliminated its position in the stock early in the first quarter of 2002.