Halliburton's (HAL) stock price closed at $14.22
on December 31, 1981. Over twenty-years later it closed at $13.10 the week of
December 31, 2001. If you bought and held that stock for twenty years, you would
have lost 7.8%. For over sixty years Halliburton was considered a blue chip
company. The Vice-President of the United States, Dick Cheney, was the CEO in
the 1990's. But conditions within their industry was not friendly to the
stock price. |