Posts for Ticker ‘NWK’

The 52-Week Low Club (NWK)(MGM)(PDGI)(RDEN)

Network Equipment (NWK) Misses numbers and gets downgraded. Falls to $3.95 from 52-week high of $15.75.

MGM Mirage (MGM) Slowdown in casino earnings at key rival. Sells off to $47.89 from 52-week high of $100.50.

Pharmanet Development (PDGI) Awful quarter. Shares dumped to $15.41 from 52-week high of $43.05.

Elizabeth Arden (RDEN) Posts loss. Drops to $13.13 from 52-week high of $28.05.

Hologic (HOLX) Profit picture falls apart. Sells down to $21.25 from 52-week high of $36.44.

Irobot (IRBT) CFO departs as do solid numbers. Falls to $13.19 from 52-week high of $24.30.

Douglas A. McIntyre

52-Week Highs For September 7, 2007 (AEM, ABX, BDE, DRYS, GLD, GOLD, INSW, IVGN, JNPR, NWK, NYB, PDX, PLMD, RICK)

Usually we cover 52-week lows as many traders look for the bottom fishing opportunities in battered and tattered stocks.  But on big down days it is often important to look at which shares put in 52-WEEK HIGHS.  Some of these didn’t close above their prior yearly highs, but you get the idea.  Here is how crummy the market was today:

DJIA            13113.38     -249.97     -1.87%
NASDAQ    2565.7          -48.62       -1.86%
S&P500      1453.55       -25.00       -1.69%

The prevailing thought is that if stocks stay strong on a weak and crummy weak, imagine how well they’d do in an up-market.  With strong gold you’ll notice a few gold names on here.  Among others are a few tech names, and surprisingly a topless bar operator (not kidding). Here goes:

AGNICO Eagle Mines (NYSE:AEM) $49.19; 52-week $27.24-$48.35
Barrick Gold Corp. (NYSE:ABX) $36.36; 52-week $26.94-$36.46
Bois d’Arc Energy (NYSE:BDE) $18.83; 52-week $12.49- $18.75
DryShips, Inc. (NASDAQ:DRYS) $76.92; 52-week $12.63-$76.45
streetTRACKS Gold Shares (NYSE:GLD) $69.39; 52-week $55.55-$69.08
InsWeb Corp. (NASDAQ:INSW) $8.90; 52-week $1.96-$8.80
***Invitrogen (NASDAQ:IVGN) $80.00; $54.70-$80.56
***Juniper Networks (NASDAQ:JNPR) $34.58; 52-week $16.50-$35.09
Network Equipment Tech (NYSE:NWK) $11.54; 52-week $4.06-$11.54
***New York Community Bancorp (NYSE:NYB) $18.41; 52-week $15.69-$18.43
Pediatrix Medical Group (NYSE:PDX) $62.52; 52-week $43.85-$61.69
***PolyMedica (NASDAQ:PLMD) $51.86; 52-week $35.82-$51.97
Randgold Resources Ltd. (NASDAQ:GOLD) $28.48; 52-week $19.10-$27.42
Rick’s Cabaret (NASDAQ:RICK) $11.41; 52-week $5.02-$11.21

***denotes stocks that hit new highs intraday but didn’t hold them

Jon C. Ogg
September 7, 2007

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