|Articles|September 16, 2008

Physician's Money Digest

  • May 15 2003
  • Volume 10
  • Issue 9

CASE NO ACE

If you bought AOL stock 5 yearsago, you're about even on yourinvestment, but it's been a wild ride.AOL stock spent much of the 1990sin single digits, then took off withthe Internet stocks in 1999, reachinga high of $95 a share late thatyear. AOL fended off the Internetbears and, after merging with TimeWarner, was still selling at close to$60 in mid-2001. Steve Case, formerhead of AOL, took over asCEO of the merged company, andit's been pretty much downhill eversince. By the time Case was shownthe door in January 2003, the stockhad fallen to $14 (it now trades atabout $11). During his tenure,AOL Time Warner amassed $25billion in debt and lost $200 billionin market capitalization. The companyis also under investigation foraccounting "irregularities."

Articles in this issue

almost 18 years ago

Postwar Economy Refocuses Attention

almost 18 years ago

How Does Your Financial IQ Measure Up?

almost 18 years ago

History Provides Lessons in Investing

almost 18 years ago

Read the Market's Long-Term Performance

almost 18 years ago

Less Is More When Buying Stock Spinoffs

almost 18 years ago

Weigh the Aspects of Variable Annuities

almost 18 years ago

Maximize Your Sale of Stocks at a Loss

almost 18 years ago

Realize the Importance of Market Timing

almost 18 years ago

Speed Through Annual Reports Like a Pro

Latest CME