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Article: 12 Months That Redefined 'Downer' Among Last Year's 3d-Quarter Picks, Few Stocks Bucked the Trend
- Article from:
- International Herald Tribune
- Article date:
- November 3, 2001
- Author:
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Anne Bagamery
International Herald Tribune
11-03-2001
WHEN Forbes magazine began producing its list of the 400 wealthiest people in the United States back in 1982, it was possible to make the cutoff with $10 million of net worth. Last year, the list started at $600 million. Clearly, being rich ain't what it used to be. Neither, in today's market, is poor stock performance. To make it onto The Money Report's list of biggest decliners from the third quarter of last year, a stock had to notch at least a 60 percent decline by Oct. 26 of this year a feat managed by 15 out of the 52 stocks recommended in July, August and September 2000. The table of biggest advancers from last year is nothing ...