On Faith, Gambling, and Picking Great Stocks
By Dave Mock
September 7, 2006
3. Investing in hopes of a legal win.
Lawsuit judgments can mean hundreds of millions of dollars these days. No wonder, then, that investors put money in companies embroiled in legal tiffs hoping for a big payday. Rambus (Nasdaq: RMBS), for instance, has had mixed success in the courtroom, and investors have been on a wild ride because of it. Betting on the outcome of lawsuits can be lucrative, but it's a different game than investing in undervalued streams of cash flows.
Quelle : http://www.fool.com/news/commentary/2006/commentary06090701.…
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