Year-End Review of Stock Market: Follies, Foibles & Fumbles
The stock market was rather ho-hum in 1992, but Wall Street's cast of characters did its darnedest to stir things up. As usual, the Journal kept track of the year's more ludicrous moments in investing. Some highlights:</br></br>Advertising Rule: Know Your Audience</br></br>As if Wall Street didn't already have problems with sexism, a Wall Street-area topless club bought a large advertisement right in the center of the Nasdaq stock listings in the New York Post. Stockbrokers are "an excellent audience for us," explains Tom Peraza, marketing director of New York Dolls. One reason, he says: They know "a good value."</br></br>One Nasdaq executive said that at least it shows the market's listings are the place to be.</br></br>Dan Quayle's Excellent Adventure on Wall Street