Hovnanian (HOV), Pulte (PHM) Join The 52-Week Low Club

Posted: June 12, 2007 at 3:03 pm

Hovnanian (HOV) Home builder sector gets worse by the day. Down to $20.37 from 52-week high of $38.66.

Pulte Homes (PHM) Same disease, different patient. Drops to $24.50 from 52-week high of $35.56.

Dean Foods (DF) Milk processor cuts Q2 estimates and drops to $30.50 from 52-week high of $50.50.

Netbank (NTBK) Stuggle to survive continues. Drops to $.18 from 52-week high of $6.90.

Limelight Networks (LLNW) Very recent IPO falls again to $18.85 from $24.33.

Melco PBL (MPEL) Macau casino developer suffering from chances that there may be visa restrictions. Drops to $12.20 from high of $23.55.

UTStarcom (UTSI) Telecom equipment company tried to sell itself but got no premium bidders. Down to $5.83 from 52-week high of $10.92.

Douglas A. McIntyre

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