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ONE IDEA.


Name: Max Lipshultz

Home: Encino

Age: 80

Occupation: Retired air-conditioning engineer

One idea: Lipshultz bought 1,000 shares of Read-Rite Corp. a year and a half ago when the Fremont-based manufacturer of magnetic recording heads was trading around $4.

Quote: ``This company seemed interesting after I received a tip about it on the Internet. It just keeps going up and going down In commutative algebra, a branch of mathematics, going up and going down are terms which refer to certain properties of chains of prime ideals in integral extensions. .''

Ticker ticker

An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck.
: RDRT RDRT Regional Disaster Response Team (Red Cross)  

Friday's close: $4.10
COPYRIGHT 2001 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Sep 10, 2001
Words:68
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