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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (6127)3/8/2001 6:06:39 PM
From: puborectalis  Respond to of 6445
 
Incredible Shrinking Stock Prices: From $100 to $1
(Update1)

3/8/01 2:15 PM
Source:Bloomberg News

(One of a series of stories assessing the declines in global stock markets over the last 12
months.)

New York, March 8 (Bloomberg) -- They aren't what they used to be.

Dozens of previously multibillion-dollar Internet and telecommunications companies now are worth
just a fraction of their value during the past 52 weeks.

The following table shows the
20 stocks that fell the most
from their highs of the past year
as the Nasdaq Composite Index
plunged from its March 10,
2000, record.

Included stocks must have a
minimum most recent closing
price above 50 cents and a
market value of at least $50
million. *T Name Most Recent
Industry % Change

Closing Price Group 52-Wk
High Ventro Corp. 1.13 Internet
-99.451 Navisite Inc. 1.81
Internet -98.901 Teligent Inc.
1.31 Internet -98.688 Kana
Comm Inc. 2.66 Internet
-98.486 InterNAP Network 1.84 Internet -98.183 Avenue A Inc. 1.25 Internet -98.153 Ask Jeeves
Inc. 1.81 Internet -98.199 Lante Corp. 1.66 Internet -97.877 Rare Medium Grp 1.91 Internet -97.988
Rhythms Netconnect 0.94 Internet -97.905 VerticalNet Inc. 3.03 Internet -97.957 Scient Corp. 2.63
Internet -98.037 Corecomm Ltd. 0.88 Telecomm -98.341 MarchFirst Inc. 1.16 Computers -97.787
Adaptive Broadbd 2.31 Telecomm -97.795 Critical Path 2.72 Internet -97.725 Tenfold Corp. 1.63
Software -97.886 Priceline.com 2.59 Internet -97.512 Internet Cap Grp 4.00 Internet -97.392 *T