Safe and profitable ways to invest for children
Reader asks for safe yet profitable $1,000 for each son to fund college. Expert advises against naming children on accounts, suggests Roth Educational account up to $500 per child and remaining in parent's name in mutual funds or equities. notes Roth may be best for later education needs.
MENTIONED IN THIS ARTICLE
Bruge
Cynthia
B.W
Roth Educational
Bruce
H.G
Reno
Nev
E.G
S.B
D.M
Nashua
N.H. Peak
Market watchers see blue chip woes
Market analysts warn investors seeking safety in blue chips may be taking big risks as money flows into a few mega stocks. The S&P 500 dominates markets while the rest of the market stagnates, creating divergences that bode potential trouble and erode margin of safety for index owners. Analysts urge looking beyond large cap leaders for value.
MENTIONED IN THIS ARTICLE
New York
Sanford C. Bernstein & Co
Longleaf Partners
S&p
Mason Hawkins
Stanley Cates
John Buford
David Tilson
US Trust Corp
ImClone bullish on cancer drug potential under 11
ImClone Systems faces a large potential market with C225 approval hoped mid 2000 and cancer vaccines plus anti-angiogenesis drugs. Analysts project 2002 sales around 200 million and 500 million later, valuing a 7.5x revenue multiple at 1.5 to 3.75 billion, implying a stock price of 60 to 150. bullish outlook with a Buy under 11.
MENTIONED IN THIS ARTICLE
ImClone Systems
Whirlpool to expand Ohio plant in Clyde Wisconsin?
Clyde officials hope to lift economy with Whirlpool Corp expansion. The Benton Harbor company plans a 100 million dollar, three year project along U S 20 to boost capacity and add 150 jobs, with three energy saving washers in development. One model is already in Clyde and two more techs slated for 12 to 18 months. Clyde is seen as likely site for production. Whirlpool executives refused specifics while noting innovations to come. The plant supports a large share of area employment and tax revenue, making the town’s future tied to its fate.
MENTIONED IN THIS ARTICLE
CLYDE
Northwest Ohio
Whirlpool Corp
Benton Harbor
U.S. 20
Toledo
Whirlpool
Kenmore
Dan Weaver
Sandusky County
Terry Thatcher
Opening Stocks Mixed With Highs On NYSE Active List
NYSE early prices show broad activity with major names like AMD, AmEx, AutoDins, BankOne, and Chase among the most active. Traders monitor gains and losses across technology, finance, and consumer giants as quotes and volumes ripple through the session.
MENTIONED IN THIS ARTICLE
New York
NYSE
Ageia
ArchDen
Li BaicHy
BankOne
Ati Afl
Othe Cendant
OBA
Davids
Xerox
Also Mentioned on This Page
Smart Money
P.O
Bruce Nilliams
Standard & Poor
Ing
Wall Street
Michael Goldstein
Dow
Hammond
Ind
Michael Dell
University of Texas
Austin
Texas
Russell Smith
Jacob Fruth
Plano
Steven Halpern
Knight Ridder
Tribune News Service
ImClone
Spitte
Ohio
U.S
Casey Drabik
Whairlpool
Blade
PepsiCo
PhalMor
Hills Dept
Akin Investment
P.N.C. Com
Columbia Energy Group
Parker Hannifin
E Rpm Inc
CVS Corp
Daimler Chrysler
Royal Appliance
Emerson Electric
Sherwin Wilams
Englehard
Sky Financial Group
First Energy
SJMA
FirstMerit Bancorp
Steris
Ford Motor
Sunrise Medical
United Way
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