The 1-year Performance of Northwest stocks...
Did you see last Sunday's Seattle Times (7/8/01) review of the Northwest companies...which have their headquarters based in three states (Washington, Oregon, and Idaho)?
The list includes such companies as:
Amazon.com, Airborne Freight, Alaskan Air Group, AT&T Wireless, Boeing, Boise Cascade, Corixa, Costco, Cray, Drugstore.com, Getty Images, Icos, Immunex, Louisana-Pacific, Microsoft, Nextel Partners, Nike, Nordstrom, Paccar, RealNetworks, Starbucks, Washington Mutual, Weyerhaeuser, and Western Wireless.
Of the 204 companies listed in the three Northwest states, guess which stock had the SECOND TO THE WORST 1-YEAR RECORD OF ALL 204 COMPANIES based in three entire states?.......
You guessed it...
InfoSpace came in number 203.
The article's table showed INSP's stock had dropped -93% for the previous 12 months...dropping from $55.25/share on 6/30/00, to $3.84/share on 6/29/01 (one year later).
And heck, the article's table didn't even come close to starting the count from INSP's all-time "high" of $138.50/share, back in March, 2000...or it's all-time "low" of $1.56/share for that matter.
Just swell, Huh? The second worst 1-year stock performance in three entire states. I doubt if all the stocks traded in the entire United States which trade in both the NASDAQ and NYSE were included, that INSP would fair much better... percentage-wise.
Yep...Just Swell! |
