Investing

The 52-Week Low Club

CV Therapeutics Inc (CVTX) The company announced mixed results from a late-stage study on its angina drug Ranexa. The stock dropped to $8.99. The 52-week high was $25.36.

Novavax, Inc (NVAX) Down to $2.77. The biopharmaceutical company has a high of $8.39.

TranSwitch (TXCC) Back again. Dropped to $1.16. The 52-week high is $2.85. Company still not recovering from poort Q4 results and large staff cut.

Powerwave Technologies (PWAV) Now down to $4.75. The 52-week high was $15.10. The wireless communications infrastructure specialist is still suffering from poor results in the last quarter.

RealNetworks (RNWK) Pioneer in audio and video players for PC, now offer music store and online games. Hits $7.60 down from a 52-week high of $12.08. Forecasts for current year were poor. Company seems to be overwhelmed by competitors like iTunes.

Hypercom (HYC) Provider of electronic payment technology has loss in last quarter. Shares drop to $4.84. The 520week high was $11.16.

Conseco (CNO) posts fourth quarter loss and drops to $18.60. The 52-week high was $25.95.

Vonage (VG) The "worst IPO in history" VoIP provider can’t get a break as cable companies suck up customers and leave Vonage the crumbs. Drops to $5.02 after an IPO high of $17.25.

Micron (MU) Down to $11.41 from 52-week high of $18.65. NAND flash memory prices are collapsing. And, that worries Wall St.

Douglas A. McIntyre

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