Ok, so there’s only been one down day on the Dow Jones Industrial Average in umpty ump days. Some companies aren’t benefitting at all, as there are many in the Hall of Shame in the 52-week Low Club:
Stamps.com (STMP) gave up 16% to hit a new year low after earnings fell last night and taking some downgrades. It looks like there just aren’t enough barriers to entry and how many personalized stamps are really needed?
Mizuho Financial Group (MFG)…serving Japan might not be that great for them.
Quepasa Corporation (QPSA)….Que paso, Quepasa?
Aptimus Inc. (APTM)…….um, should an ad company that distributed advertisements for direct marketing advertisers through a network of third-party web sites be on its lows?
Inforte Corp (INFT), one of tech and strategy consulting firms whose target is to "improve their customer’s ability to acquire, develop, and retain customers." Maybe they should hire themselves.
Mathstar Inc (MATH) continued it slide, maybe being a fabless semiconductor operation isn’t such a good model after all. At least it isn’t for them.
PDI Corp (PDII)….This one managed to get back above its lows for the year, but it was looking ugly for a while. The company is launching a "talent acquisitions" business unit.
Jon C. Ogg
April 20, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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