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stock market question

To: PEN-L@xxxxxxxxxxxxxxxx
Subject: stock market question
From: Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
Date: Sun, 29 Jun 2003 15:12:08 -0700
User-agent: Mutt/1.2i

I vaguely remember a study showing that for many stocks the annual
commissions on trading exceeded the value of the stock itself.  Do any of
you recall that, or am I fantasizing?
 --
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx

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Thread context:
- stock market question, Michael Perelman Sun 29 Jun 2003, 22:12 GMT
- Iraq: the full colonial press, Ian Murray Sun 29 Jun 2003, 16:00 GMT
- competitive States, Ian Murray Sun 29 Jun 2003, 15:38 GMT
- free mercantilism, Ian Murray Sun 29 Jun 2003, 15:34 GMT
- scam?, Devine, James Sat 28 Jun 2003, 19:05 GMT

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