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Technology Stocks : Redback Networks, Inc. (RBAK)
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To: ELH1006 who wrote (1917)1/29/2003 11:39:32 PM
From: Dave Kiernan  Read Replies (1) of 1956
 
They made the list!
Reuters
Top 25 annual corporate losses
Wednesday January 29, 7:21 pm ET

NEW YORK, Jan 29 (Reuters) - The following is a list of the
25 largest corporate losses for completed fiscal years over the
past 50 years.
The list shows the $98.696 billion fiscal 2002 loss
announced on Wednesday by AOL Time Warner Inc. (NYSE:AOL - News) was
the
largest in the past 50 years.
The data was provided by Standard & Poor's.
25 LARGEST CORPORATE LOSSES INCLUDING EXTRAORDINARY ITEMS
RANK COMPANY NAME TICKER LOSS IN $BLNS YEAR
1 AOL Time Warner Inc. (NYSE:AOL - News) 98.69
2002
2 JDS Uniphase Corp (NasdaqNM:JDSU - News)
56.12 2001
3 General Motors Corp (NYSE:GM - News) 23.50
1992
4 Lucent Technologies Inc (NYSE:LU - News) 16.20
2001
5 NTL Inc (NasdaqNM:NTLI - News)
14.24 2001
6 Verisign Inc (NasdaqNM:VRSN - News)
13.36 2001
7 AT&T CORP (NYSE:T - News) 13.08
2002
8 Tyco International LTD (NYSE:TYC - News) 9.41
2002
9 Intl Business Machines (NYSE:IBM - News) 8.10
1993
10 I2 Technologies Inc (NasdaqNM:ITWO - News)
7.75 2001
11 At Home Corp N/A 7.44 2000
12 Ford Motor Co (NYSE:F - News) 7.39
1992
13 Raytech Corp/de (NYSE:RAY - News) 7.06
2000
14 CIT Group Inc (NYSE:CIT - News) 6.69
2002
15 Webmd Corp (NasdaqNM:HLTH - News)
6.68 2001
16 Liberty Media Corp (NYSE:L - News) 6.20
2001
17 Corning Inc (NYSE:GLW - News) 5.49
2001
18 CMGI Inc (NasdaqSC:CMGI - News)
5.49 2001
19 Level 3 Commun Inc (NasdaqNM:LVLT - News)
4.97 2001
20 PSINET Inc N/A 4.96 2000
21 Aol Time Warner Inc (NYSE:AOL - News) 4.92
2001
22 Agere Systems Inc (AMEX:AGR - News) 4.62
2001
23 UnitedGlobalCom Inc (NasdaqNM:UCOMA - News)
4.49 2001
24 TEXACO Inc (NYSE:TX - News) 4.41
1987
25 Redback Networks Inc (NasdaqNM:RBAK - News)
4.12 2001
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