homeWelcome, sign in or click here to subscribe.login
     


 

 

Business



Subscriber content preview

December 18, 2002

Betting on firms in Chap. 11 very risky

  • Institutions and short sellers are behind recent spurts in stocks like Enron, Kmart and WorldCom, but they aren't buying for the long term.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK -- A cheap ticket? Don't count on it getting you too far.

    Shares of United Airlines' parent UAL Corp. have been surging lately, although the troubled carrier recently filed for bankruptcy protection.


     
    . . .


    To read this story in full login or purchase a subscription.



    Previous columns:


    
    Email or user name:
    Password:
     
    Forgot password? Click here.