|
 |
OCTOBER
27, 2000 VOL. 26 NO. 42 | SEARCH ASIAWEEK
Running
From Bears
Wall
Street sentiment takes another turn for the worse and the Asiaweek/CNN Internet
Index gets run over
Rampaging
bears on Wall Street, set loose by earnings disappointments from high-profile
tech companies, trashed the Asiaweek/CNN Internet Index in the last 30 days.
How bad was it? Out of the 40 technology and Internet stocks in the index,
37 registered declines. The average skid was 18%. If your company happened
to have ".com" in the name, our condolences. The share prices of Internet
service providers, portals and other pure Internet plays continued to evaporate
with declines of 30% and more. Telecommunications stocks offered the only
shelter. Next-generation phone company Crosswave Communications and I-Mode
provider NTT DoCoMo managed modest gains, as did South Korea's Hanaro Telecom.
Isn't it about time for a holiday-season rally? We need a break from the
carnage.
Back to the top
Write to Asiaweek at mail@web.asiaweek.com
Asiaweek
Technology Home | Asiaweek.com Home
Quick
Scroll: More stories from Asiaweek, TIME and CNN
|
|
|
|
ASIAWEEK'S
LATEST |
|
|
TECHNOLOGY |
ASIAWEEK.COM
ASIAWEEK.com
Vol. 2 No. 7
COVER: Digital Elite: Twenty-five
Asians who are driving the region's big I.T. bus
Infested: Call the exterminator
— Singapore's home of the future is crawling with software bugs
Pulse: Palm robots, Aibo has
puppies and why Jenny can't surf
Face Off: Sizing up the Nomad
jukebox and Nomad II, Creative Technology's extreme music machines
E-vesting: Teaching your
sixth-grader to be a day-trader
Net Gains: Korea's NCsoft
is winning big in the gaming market
Tech Index: Bears ravage
Asian technology and internet stocks
B2B: Is Japan the sleeping giant of electronic
trading, or is the country just sleeping?
Asiaweek Technology Home
Asiaweek/CNN Internet Index:
Track our Asian high-tech stocks
|
|
|
