(See related pages)
After reading this chapter you should be able to
|
|
|
Understand how stock prices are determined and what stock markets do. |
|
|
|
Know the fundamental elements of stock prices and understand how prices can get out of line with their fundamental value. |
|
|
|
See these issues at work in the technology-laden NASDAQ in 2000. |
|
|
|
See that bankruptcy is an important feature in corporate business but that many of the bankruptcies of 2001 and 2002 involved a level of deception on the part of their accountants that was potentially quite damaging. |