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The One57 penthouse, which features 23-foot ceilings in a grand salon, traded for about $8,000 per square foot, Mr. Barnett said.
In September 2004, when the company's shares traded for about $20, he cashed out some of his holdings through a contract with Merrill.
Shares of Marconi, which traded for about £12 ($17.30) in mid-2000, fell 10percenttodayay, to 34.75 pence 50.4 centss).
Starting in November 2000, when Enron stock traded for about $80 a share, Mr. Harrison, who is based in Minneapolis, began buying.
When Mr. Welch took over, G.E. traded for about the same profit multiple as the Standard & Poor's index of 500 stocks.
Last spring, before the takeover war began, Genesco shares sold for about $43 and Finish Line shares traded for about $13.
Similar(45)
Now it trades for about $6.
It is trading for about $8 a pound now.
It now trades for about 19 times earnings.
Even so, the stock now trades for about $1.10.
Investors in that offering paid $12 a share for stock that now trades for about 25 cents.
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