Holy Testosterone! The Xfl Is Comin' At You
Early in his career as a football impresario, Vincent K. McMahon learned exactly what it means to get sacked for a big loss. On Feb. 3, as he was announcing the creation of the Xtreme Football League, investors were nervously cashing out of XFL's parent, World Wrestling Federation Entertainment Inc. (WWFE) By day's end, WWFE stock had plummeted 25%, to $12.31 a share. Says the ever-confident McMahon: "I don't mind people doubting us. We'll just have to prove them wrong."
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