21. Its shares are trading below their levels of early November, when speculation that Dynegy might buy Enron began. 22. Laming looks for strong corporate management and likes to buy shares trading below the average price-earnings ratio for the market. 23. Like Gillette stock, Coke stock is trading well below its all-time high. 24. Last week, two Bay Area companies trading below a buck have agreed to sell out. 25. Meanwhile, eight local companies traded below their offering prices. 26. Most of the new issues through August last year, for example, are now trading below their offering prices. 27. Nearly a quarter of them, he figures, are trading below liquidation value. 28. Most are now trading below their IPO price. 29. Most publicly held biotech companies now trade below their initial offering prices. 30. Of the six initial offerings on the Jakarta market since September, four are trading below their IPO prices. |