The 52-Week Low Club

Posted: April 30, 2007 at 3:15 pm

Alaska Airlines (ALK) Maybe no one is flying to Fairbanks anymore. JP Morgan downgrades to Underweight. Fuel prices don’t help. Down to $29.51 from 52-week high of $45.85.

Building Materials Holding (BLG) The construction supply business is not where to be these days. Company shows loss in Q1. Stock drops to $14.83 from 52-week high of $35.89.

Sterling Financial (SLFI) Company will restate earnings after finding financial irregularities. Drops to $16.62 from 52-week high of $24.20.

Radcom (RDCM) Supplier of quality management tools for data communications has a poor Q1. Loss widens. Down to $1.41 from 52-week high of $3.30.

Spanish Broadcasting (SBSA) Short one board member so out of compliance with Nasdaq. Drops to $3.36 from 52-week high of $5.64.

Magna Entertainment (MECA) Development of Dixon, Calif. rejected by local voters. Racetrack and casino operator shares fall to $2.90 from 52-week high of $6.39.

FiberTower (FTWR) provides facilities-based backhaul services for wireless industry. Last quarter had big loss.

Douglas A. McIntyre

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