The 52-Week Low Club
September 5, 2007 by Douglas A. McIntyreWal-Mart (WMT) How did the world’s largest retailer get on this list? By being badly run. Down to $42.39 from 52-week high of $52.15.
Blackstone Group (BX) Which is worse, retail or the private equity business? At least the founders of both BX and WMT made billions. Where are the shareholder’s yachts? Drops to $21.96 from $38 high.
Finisar (FNSR) Tech companies are not supposed to have weak earnings reports. Drops to $2.93 from $4.25.
Sourceforge (LNUX) Online community sites. Just keeps falling. Down to $2.42 from 52-week high of $5.55.
Sourcefire (FIRE) Just sounds the same.Provides real-time network defence systems. Down to $7.96 from 52-week high of $18.83.
Douglas A. McIntyre
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