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Non-Tech : Auric Goldfinger's Short List
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To: Sir Auric Goldfinger who wrote (832)11/30/1998 12:15:00 PM
From: Kevin Podsiadlik  Read Replies (2) of 19428
 
I suppose it would be a foul to select 8/26/98 - 9/1/98, AMZN and CMGI, and "general market downturn due to Asian jitters" as the reason.

AMZN fell 50.1% over that five trading day span, while CMGI splatted 51.2%. YHOO and AOL just missed the 40%-in-a-week milestone, tumbling 39.1% and 38.7% respectively over that same time frame. EBAY, being new, only has a 34.7% week-long plummet to its "credit", from 10/2 to 10/8.

Not sure what my point is, other than a 40% contraction on Net stocks across the board may be as much of a "so what" as anything else has been this year.
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