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To: Mephisto who wrote (9635)2/27/2001 10:41:49 PM
From: Mephisto  Respond to of 10042
 
Stocks Slump, Nasdaq Ends at 2-Year Low

Tuesday February 27

By Elizabeth Lazarowitz

NEW YORK (Reuters) - The Nasdaq market
plummeted on Tuesday to a new two-year low
after a big drop in consumer confidence and
home sales raised the specter of a severe
economic downturn.


``People are wondering how deep the economic downturn is and will it turn
into a recession,'' said Richard Babson, chairman of Babson-United
Investment Advisors Inc., which manages $1.8 billion."

Excerpt is from the above article Stocks Slump, Nasdaq Ends at 2-Year Low
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dailynews.yahoo.com