The 52-Week Low Club (April 27, 2007)

Stock Tickers: ALK, KOMG, LUV, PWER, RACK, XPRSA

The market keeps putting in new highs, but that doesn’t keep some of the down and dirties from sinking to 52-Week Lows (we also gave the 52-week range).  Ouch.

Alaska Air (ALK) -10% at $31.88, range $33.60 to $45.85
The airline see flatter demand, and an untimely downgrade…..

Komag (KOMG) down 3% to $27.91, range $27.85 to $47.84
This one down again after earnings; disk drives are having issues at every company it looks like. This one barely closed above yesterday’s lows.

Southwest Airlines (LUV) -1.5% to $14.29, range $14.34 to $18.20
We have said this discounter is not a real discounter and its large advantages are coming to an end after this year and next.

Power-One (PWER) $4.30, range $4.29 to $8.15
Power conversion isn’t working out to well for everyone it looks like.  The good news is this one got back up a tad to not end officially under the year intraday lows.

Rackable Systems (RACK) -10% to $11.27, range $12.39 to $53.24
Even though they warned before the losses mounted.  Here’s what happens when a hi-flyer goes through a flameout and looks like Icarus.

US Xpress (XPRSA) -2.5% to $14.56, range $14.67 to $28.00
transports down JPMorgan downgrades, even if this one isn’t a part of it.

Jon C. Ogg
April 27, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

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