[Am-info] Seeking Security After New Warnings
Fred A. Miller
fm@cupserv.org
Wed, 22 May 2002 13:59:20 -0400
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Seeking Security After New Warnings=20
For the second day, warnings about terrorist attacks sent stocks=20
south. Investors chose to secure profits after the FBI warned New=20
York law-enforcement officials of a possible threat involving=20
landmarks such as the Statue of Liberty and the Brooklyn Bridge.=20
Tuesday's sell-off wiped out early gains that followed reports of=20
better-than-expected retail earnings and a settlement for Merrill=20
Lynch.
The technology sector suffered the biggest drop. The Nasdaq=20
closed down 37.41 points, or 2.2%, at 1,664.18; and the=20
Information Week 100 fell 7.02 points, or 2.74%, to 249.41. The=20
Dow Jones industrial average fell 123.79 points, or 1.2%, to=20
10,105.71; and the Standard & Poor's 500 index dipped 12 points,=20
or almost 1.1%, to 1,079.88. So far this week, the Dow and the=20
Nasdaq have given up more than half of last week's gains of=20
413.16 and 140.54 points, respectively. - Antone Gonsalves
- InformationWeek 100 -
(http://update.informationweek.com/cgi-bin4/flo?y=3DeHSP0Bce7K0V20Myv0AU =
)
Company..................$ Close Price...$ Change...% Change
=20
Tuesday's Winners:
Nortel Networks (NT)............2.71.......0.12........+4.6%
Qualcomm (QCOM)................32.62.......0.73........+2.3%
SmartForce (SMTF)...............6.22.......0.14........+2.3%
Juniper Networks (JNPR).........9.74.......0.20........+2.1%
Red Hat (RHAT)..................5.02.......0.09........+1.8%
=20
Tuesday's Losers:
Sapient (SAPE)..................1.79......-0.30.......-14.3%
VeriSign (VRSN).................9.97......-1.36.......-12.0%
Akamai Technologies (AKAM)......2.27......-0.25........-9.9%
i2 Technologies (ITWO)..........3.41......-0.36........-9.6%
Veritas Software (VRTS)........25.03......-2.55........-9.3%
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Fred A. Miller
Systems Administrator
Cornell Univ. Press Services
fm@cupserv.org, www.cupserv.org
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