Investor's Business Daily articles from January 2001

Investor's Business Daily archives from January 2001

The Economy.(A)
January 2, 2001... Help-wanted index sank in Nov. The Conference Board index fell to 75 from October's reading of 79 and from 85 in November 1999. Fewer ads in U.S. newspapers are the result of the cooler economy and lower demand for workers, analysts said....

TRENDSTEXT2.(A)
January 2, 2001... Escalon Medical received FDA approval for a new digital camera system for ophthalmologists to diagnose patients with eye problems. The CFA Digital Imaging System allows a patient to be examined, diagnosed and treated in one visit. Don't...

TRENDSTEXT.(A)
January 2, 2001... ElectroRegenesis' new device treats wounds using electricity The market for new therapies in wound-care management is expected to grow from $455 million in 1999 to $2.4 billion in 2006, analysts said. ElectroRegenesis makes the...

WASHINGTON.(A)
January 2, 2001... Two-thirds of public support Bush, half have confidence in him: polls Public doubt about incoming presidents, especially on matters such as international affairs, isn't unusual toward Washington newcomers such as RonaldReagan or Bill...

WW.(A)
January 2, 2001... U.N. Security Council delays vote to eliminate sanctions on Libya Developing nations on the council want to end the sanctions, not just suspend them. The trade restrictions were imposed after the 1988 bombing of Pan Am Flight 103 over...

10SECRETS.(A)
January 2, 2001... Leonardo da Vinci - painter, sculptor, architect and engineer - drew the first known plans for aircraft, including a helicopter; devised the first designs formachine guns, tanks and submarines; made the first accurate human anatomical drawings;...

Writer James Joyce His Innovations Helped Him Revolutionize 20th-Century Fiction.(A)(Leaders & Success)
January 2, 2001... Byline: Curt Schleier Investor's Business Daily James Joyce was an avid reader as a child. But much of the fiction he read disappointed him. He once told a friend, "One of the things I could never get accustomed to in my youth was the...

Top 10 CEOs Of 2000 Their Methods Offer Lessons In How To Excel.(A)(Leaders & Success)
January 2, 2001... As the pressures of time and technology intensify, American businesses are operating at a fiercely competitive clip demanding that today's chief executivehave not only a strong vision, but a powerful will to transform that vision into reality -...

Wisdom To Live By.(A)(Leaders & Success)
January 2, 2001... {TEXT} Wisdom To Live By . {TEXT} ON WISDOM The fear of the Lord is the beginning of wisdom. Proverbs 9:10 ON VICTORY There could be no honor in a sure success, but much might be wrested from a sure defeat. ...

ELECTRONIC COMMERCE 12 Months When The Dot Turned Into A Dark Period.(A)(DOTBOMB)
January 2, 2001... By Pete Barlas Investor's Business Daily When Scott Bingham joined the marketing department for Egreetings Network Inc. at the end of 1999, he thought he had it made. The Internet was hot, and the online greeting card company was...

Bear Proves Why Cutting Losses Is Rule No. 1.(A)(Investor's Corner)
January 2, 2001... Byline: David Saito-Chung Investor's Business Daily When this column returned to the front page on Aug. 23, 1999, it began with thesingle most important rule for growth investors: Cut your losses short. Always. Last year was a...

PALM.(A)
January 2, 2001... By Patrick Seitz Investor's Business Daily When Trace Jones bought a Palm hand-held computer recently, he joined millions of other consumers who in 2000 helped make personal digital assistants the latest must-have technology. The...

Tech Bits.(A)(Internet & Technology)
January 2, 2001... Research Firm's Crystal Ball Emits Rosy Glow For Tech Forget the tech wreck. Despite slower spending, the collapse of many dot-coms and the plunge in tech stocks, the tech economy will boom in 2001, says International Data Corp. ...

The Stunning Turn Of B2B: Boom To Bust Still, business-to-business e-commerce keeps boosting companies.(A)(B2B-YE)
January 2, 2001... By Murray Coleman Investor's Business Daily As a college theater arts professor, Larry Biren couldn't imagine a much more dramatic moment than shutting down his family's 77-year-old Philadelphia-based food service equipment business....

Chips Change Along With Computer Trends While people get into cell phones and other non-PC devices, so do semiconductors.(A)(CHIP-YE)
January 2, 2001... Byline: James DeTar Investor's Business Daily The baton has been passed. The personal computer 30 years ago took the place of the giant mainframes and minicomputers. Now the spread of lightweight, blazing-fast communications...

FIBER.(A)
January 2, 2001... By Mike Angell Investor's Business Daily Boom, bust. Best of times, worst of times. Bang, whimper. Take your pick. They all describe pretty well the fiber-optic telecommunications equipment industry this year. A spending surge by...

The Door Stays Wide Open Amid Data Storage Storm Information boom has firms figuring out where to keep it.(A)(STORAGE)
January 2, 2001... Byline: Brian Deagon Investor's Business Daily An analyst at J.P. Morgan Securities Inc. in August succinctly captured the trend in data storage this way: "The storage market is growing like bamboo shoots after a tropical monsoon. The...

TELECOM AT&T Leads A Sprint Down From Ringing Numbers.(A)(TELECOM)
January 2, 2001... By Reinhardt Krause Investor's Business Daily As phone company stocks melted down in 2000, once-solid chief executive jobs turned into thin ice. At struggling AT&T Corp.and WorldCom Inc., two chief executives felt the heat....

The New America.(A)
January 2, 2001... Byline: Jonah Keri Investor's Business Daily This year's market for initial public offerings started off hotter than a towering inferno. By the summer, it was a small grease fire. At the close of the year, only a few flickering embers...

The New America.(A)
January 2, 2001... Byline: Steve Watkins Investor's Business Daily Companies that took their first steps into the public markets in 2000 suffered a lot of growing pains. Only about one-fourth of those that went public during the year posted any gains...

Euro Proved No Match For Mighty Dollar.(A)(EURO-YE)
January 2, 2001... By The Associated Press It was a shaky year for Europe's common currency. Once vaunted as the continent's counterweight to the mighty dollar, the fledgling euro tested nerves with a nonstop slide against its trans-Atlantic rival -...

Election, Nasdaq's Dive Top The List Of Major News Events During 2000.(A)(Company In The News)
January 2, 2001... Byline: Terry Jones Investor's Business Daily The millennium came in with a bang, but it didn't go out with a whimper. The year 2000 was an unusually eventful year, one that's not likely to recede gently into the mists of history. ...

In 2000, Top Execs Lost Billions, Got Axed, Pulled Golden Rip Cord.(A)(PEOPLE-YE)
January 2, 2001... By The Associated Press If some of the world's biggest business newsmakers learned anything in 2000, itwas this: Count your blessings, keep your eyes wide open and hope the (golden)parachute opens before you slam headfirst into the ground....

Legend Airlines Gets Bankruptcy Court's OK To Resume Operations.(A)(LEGEND)
January 2, 2001... DALLAS (AP) - Legend Airlines Inc. got a green light from a U.S. bankruptcy court Friday to use $1 million in loans to restart operations. Allan McArtor, Legend's chairman and president, said the service to LaGuardia Airport in New York...

News For You-YE.(A)
January 2, 2001... Byline: Tim Haddock|| Investor's Business Daily Some may say the best thing about 2000 is that it's over. The Nasdaq left us licking our wounds. The election left us shaking our heads. But before you count the year in your loss...

The Real Most Active - NYSE.(A)(The Real Most Active - NYSE)
January 2, 2001... The Real Most Active Light early gains turned into a moderate loss for the Dow on the last trading day of the year. The blue chip index lost 81.91 points, or 0.8%, to 10,786.85. It sank 6.2% for the year, its first loss since 1990....

Stocks In The News - NYSE.(A)
January 2, 2001... Investment Technology Group has been building a base for 17 weeks. The stock is20% off its high and still in the middle of its base. It needs to work its wayhigher before reaching a good level from which to break out. The company provides...

The Big Picture.(A)(The Big Picture)
January 2, 2001... THE BIG PICTURE You gotta hand it to the market. If 2000 was going to be the worst year in a decade, it sure ended in style Friday. After opening higher, the three major indexes got their act together and stageda final sell-off. The...

Year 2000: In Like A Bull, Out Like A Bear.(A)(National Issue)
January 2, 2001... Byline: Terry Jones, Charles Oliver||and Joseph Guinto Investor's Business Daily The U.S. economy straddled the world like a colossus when 2000 began. By year'send, it looked like a tottering giant, winded and wounded. Major...

EditorialA.(A)
January 2, 2001... Its first big test came from an unlikely source: a 6-year-old Cuban boy. Elian Gonzalez became the focal point in a dispute pitting the values of freedom against those of family. The question: Should he stay in the U.S. with relatives, his...

Letters To The Editor.(A)(LETTERS)
January 2, 2001... Prevailing Tolerance For Lies The young people (who I thought were smart enough not to fall for Al Gore's demagoguery nor believe his lies about how bad it would be to even partially privatize Social Security) failed to vote that way....

Despite Lousy Year, Staying In Stock Funds Still Makes Sense.(B)(Mutual Weekly Special)
January 2, 2001... Byline: Paul Katzeff Investor's Business Daily Mere days before Christmas, when President-elect George Bush warned that the economy was slowing quickly, he drew howls of protest from the retailing industry. But Bush was saying out...

IBD's Top 10.(A)(IBD's Top 10 1-5)
January 2, 2001... Nasdaq Ends Worst Year With Another Big Sell-Off 1Pre-holiday sessions are supposed to be quiet. But the Nasdaq ended the year in fitting style - investors dumped large tech stocks and the composite tumbled3.4% on heavier volume. That...

DEFYING THE ODDS Health, Energy And Financials Fed Top Funds As Tech Was Albatross Around Year's Neck.(B)(Mutual Weekly Special)
January 2, 2001... Byline: Dan Moreau Investor's Business Daily Top mutual funds in 2000 drew on the often sizzling performance of financials, energy, services and even tech stocks to deliver big gains. But it took biotech and health care to produce...

Funds Saw Record Inflows As Results Swan-Dived.(B)(Mutual Weekly Special)
January 2, 2001... Byline: Ken Hoover Investor's Business Daily Despite a year that turned into the decade's worst for the stock market, investors poured record amounts of money into mutual funds in 2000. Forget the heady days of 1998 and 1999, when...

Staying In Stock Funds Makes Sense, Despite Bad Year.(B)(MUTBOT)
January 2, 2001... Continued from B1 S&P 500 index fund. The fourth stashed cash in Treasury bills. Investor No. 1 timed the market perfectly, buying shares at the lowest monthly price each year. Investor No. 2 invested on Dec. 31 of each year, ignoring...

MUTLEFT.(B)
January 2, 2001... Continued from B1 its high, but still up 28% through 2000. In 1999, Corning rose 189%. A host of factors played in utility stocks' favor this year. That was to the benefit of Galaxy II Utility Index Fund. It was another top performer,...

The Real Most Active - NASDAQ.(B)(The Real Most Active - NASDAQ)
January 2, 2001... The Real Most Active On the last trading day of 2000, techs followed the same path they took for most of the year - downward. The Nasdaq composite dropped 87.24 points, or 3.4%, to 2470.52. For the year, the index fell 39.3%. The...

Stocks In The News - NASDAQ.(B)
January 2, 2001... Invitrogen consolidated 64% within its base, but has worked its way back up. After swimming above and below its 50- and 200-day moving averages from mid-March to November, the stock has been traveling above both lines since the beginning of...

Bear Market Rules The Street As Techs Bow To Old Economy Nasdaq's worst year on record still hasn't sunk in.(B)(MARKET)
January 2, 2001... Byline: Christina Wise Investor's Business Daily What a difference a year makes. Last winter, as the year 2000 dawned, it looked like America's economic expansion would roll on forever. The Internet seemed chock-full of endless...

Energy Soars As Storm Heads East; Wheat, Sugar Gain More Ground.(B)(FUTURES)
January 2, 2001... By Reuters Crude oil prices surged more than a dollar a barrel on Friday to close the lasttrading day of the year on a high note amid forecasts of a huge snowstorm headed for the U.S. Northeast, a big heating oil consumer. F U T U R E...

Bonds Close Out Top-Notch Year On Last Dose Of Slowdown News.(B)(Credit Markets)
January 2, 2001... By Reuters U.S. Treasuries rose on Friday as a Nasdaq retreat and a Chapter 11 bankruptcy filing by steel maker LTV Corp. enhanced the appeal of relatively risk-free U.S. government securities to investors. A clutch of weak economic...

IBD's Top 10.(A)(IBD's Top 10 6-10)
January 2, 2001... LTV Blames Illegal Imports For Bankruptcy, Job Cuts 6Steelmaker and metal fabricator LTV Corp. filed for Chapter 11 bankruptcy protection. The move could threaten some 18,000 jobs. LTV blamed the slowing U.S. economy and the inability...

Business News.(A)(After The Close)
January 2, 2001... TYCO INTERNATIONAL completed its $2.5 billion takeover of Lucent Technologies' power systems unit. DPL INC. is considering selling all or part of the Dayton, Ohio, utility. It hired Morgan Stanley to explore strategic options. KEITHLEY...

Business News.(A)(Business News)
January 2, 2001... Top law firm says no lawsuits yet linking cell phones and tumors The law firm of Peter Angelos, who helped win $4.2 billion in damages from tobacco firms, said he hasn't formulated a plan yet to sue mobile phone companies, Britain's...

Business News.(A)(Business News)
January 2, 2001... Emulex hoaxer logs guilty plea Pleading guilty to securities and wire fraud, Mark Jakob, 23, admitted issuing a fake press release in August filled with bogus terrible news about Emulex. That release sabotaged the networker's stock and...

Business News.(A)(Business News)
January 2, 2001... Can Buffett bolster junk bonds? Warren Buffett bought several hundred million dollars in bonds of troubled financial companies Conseco and Finova Group. That could prompt renewed interest in the weak $681 billion junk-bond market. Investors...

The Economy.(A)
January 3, 2001... Three-year drought in Georgia sparks fears for summer's crop After three dry years, it may already be too late for rains to save coming crops of peanuts, corn, cotton, hay and soybeans, some say. The drought has forced communities to...

TRENDSTEXT2.(A)
January 3, 2001... Johnson & Johnson got FDA approval to market a combo of Remicade and methotrexate to inhibit the progression of joint damage in rheumatoid arthritispatients. The treatment was already marketed to treat the disease's symptoms. NASA may make...

TRENDSTEXT.(A)
January 3, 2001... XM Satellite Radio, Sirius Satellite will launch satellite radio to homes XM and Sirius Satellite Radio are the only firms that have licenses from the Federal Communications Commission to provide the service. Satellite radio has fewer...

WASHINGTON.(A)
January 3, 2001... Bush team disputes news reports, will push for school voucher plan President-elect George Bush has said his first legislative priority will be education reform, including a plan to give some parents vouchers to help them send their...

WW.(A)
January 3, 2001... 3 Taiwanese ships make historic voyages to mainland China port The first direct legal voyages to the communist mainland in 51 years carried government officials and religious pilgrims. The vessels left Kinmen and Matsu,Taiwanese...

10SECRETS.(A)
January 3, 2001... Have you ever wondered why writing out a goal helps achieve it? "Writing it down sends a notice to the universe, 'Hey! I'm ready!' " explained Henriette Anne Klauser, an Edmonds, Wash.-based goals and writing coach, entrepreneur andauthor of...

Writer Jose Marti His Focus On Winning Cuban Independence From Spain Inspired Generations.(A)(Leaders & Success)
January 3, 2001... Byline: Antonio A. Prado Investor's Business Daily Jose Marti suffered a life of tragedy - two deportations from his beloved Cuba,imprisonment and physical abuse for his work. It would be enough to discourage most. Yet Marti pushed...

Singer Natalie Cole Care For The Details Helps Her Stand Out.(A)(Leaders & Success)
January 3, 2001... Byline: Michael Richman Investor's Business Daily There's only one good way to connect with an audience - be yourself. Just ask Natalie Cole. The eight-time Grammy Award winner believes she must put something personal in her...

Wisdom To Live By.(A)(Leaders & Success)
January 3, 2001... {TEXT} Wisdom To Live By . {TEXT} ON STARTING ANEW O sing unto the Lord a new song: sing unto the Lord, all the earth. Psalm 96:1 ON RESISTANCE Be not discouraged. There is a future for you. . The resistance...

Internet & Technology.(A)
January 3, 2001... By Reinhardt Krause Investor's Business Daily There's little doubt Comcast Corp., the No. 3 cable TV firm, will bulk up. The burning question is how big it will get. One way Comcast will surely grow is by adding more subscribers...

Only One Scapegoat In Bear Market: Yourself.(A)(Investor's Corner)
January 3, 2001... Byline: Jonah Keri Investor's Business Daily Bella95128 knows the score: George W. Bush is killing the stock market. No, no,says goredox, it's the Democrats in Congress. Chrislinh begs to differ, placing the blame on James Cramer,...

Tech Bits.(A)(Internet & Technology)
January 3, 2001... Nasdaq Loser List Topped By Techs Fears of the Y2K bug were a bust, but a tech disaster did emerge in a somewhat unexpected form. The tech-laden Nasdaq saw its worst year ever in 2000, which it finished down a whopping 39%. Here...

SUPPORT SOFTWARE Online Auctioneer Makes Bid To Satisfy Customers.(A)(Internet & Technology)
January 3, 2001... Byline: J. Bonasia Investor's Business Daily With more than 18 million registered users, EBay Inc. has a lot riding on customer satisfaction. Its status as the world's largest online trading site isrooted in the loyalty of its...

CONSUMER DEVICES PC Growth Slowing, Intel To Chip Away At A Music Market.(A)(Internet & Technology)
January 3, 2001... Byline: James DeTar Investor's Business Daily Companies that make Internet music players, already disappointed by holiday sales that failed to meet expectations, have another worry - a potentially big one. Intel Corp., the world's...

SATELLITE RADIO Will Motorists Pay For Personalized Radio?(A)(Internet & Technology)
January 3, 2001... WASHINGTON (AP) - Tired of endlessly fiddling with the car radio dial to avoid commercials, improve reception or find a good song? The remedy could be radio's response to cable TV: a subscription satellite service that beams 100 channels of...

CEO PROFILE The Chip Industry's 'Bad Boy' Is Maturing - Like Wine.(A)(Internet & Technology)
January 3, 2001... Byline: James DeTar Investor's Business Daily Cypress Semiconductor Corp. Chief Executive T.J. Rodgers often - quite often - is called the "bad boy" of Silicon Valley. It's a well-earned reputation. He has stood virtually alone...

Send More Than One E-Mail With One Click Of The Mouse.(A)(Computers Made Plain)
January 3, 2001... Byline: Lynn Walford Investor's Business Daily It's likely almost all of your friends, family and business associates have an e-mail address. When you have big news, sending an individual e-mail to each ofthem can take a long time. ...

E-Commerce Manager Touts B2B Middleman: Middleware.(A)(QA)
January 3, 2001... Byline: Murray Coleman Investor's Business Daily Big Blue likes to be in the middle. Ed Kilroy, a top e-commerce manager for IBMCorp., says two-thirds of the company's $13 billion annual software revenue can be traced to its...

MCNAUGHTON APPAREL GROUP INC. /New York, New York Holiday Slump Behind It, Designer Presses On.(A)(The New America)
January 3, 2001... Byline: Robyn Taylor Parets Investor's Business Daily This year's holiday shopping season wasn't exactly kind to retailers or clothing companies. Lower-than-expected consumer spending led to sales growth declines for many firms and...

QIAGEN N.V. /Venlo, Netherlands Dutch Firm Has Gene For Medical Research.(A)(The New America)
January 3, 2001... Byline: Jennifer Netherby Investor's Business Daily For researchers and scientists involved in genetic research, the rush is on to be first to market with new gene therapies and drugs. For Qiagen N.V., which makes tools used by...

Hard Landing For U.S. Manufacturers Fuels Speculation Of Earlier Rate Cut.(A)(Company In The News)
January 3, 2001... Byline: Charles Oliver Investor's Business Daily If you thought 2000 ended on a sour note for investors and the economy, buckle up. This year is starting where the last left off. The first big economic report of the year showed...

TRC COMPANIES INC. /Windsor, Connecticut Outfit Cleans Up On Toxic Waste Removal.(A)(The New America)
January 3, 2001... Byline: Marilyn Alva Investor's Business Daily Say you're a business sitting on top of a toxic site. You've probably got a headache. Before you can even think about cleaning it up, you need to assess how deep theproblem is and how...

GE-REUT.(A)
January 3, 2001... FAIRFIELD, Conn. (Reuters) - General Electric Co. on Tuesday confirmed a reportthat U.S. safety officials are probing several incidents of GE airline engine breakups. Shares of GE, the world's biggest company in market capitalization,...

California Companies Pinched By Power Crisis They Got Singed Trading Guaranteed Supplies For Lower Prices.(A)(POWER)
January 3, 2001... SAN DIEGO (AP) - Rockview Dairies Inc. had a sweet deal on electricity, gettingreduced rates in exchange for its agreement to reduce or turn off power use when state supplies fell below a certain limit. But the milk bottler's deal with...

The Real Most Active - NYSE.(A)(The Real Most Active - NYSE)
January 3, 2001... The Real Most Active Investors rang in the new year by tossing blue chips Tuesday. The Dow Industrials dropped 140.70 points, or 1.3%, to 10,646.15. The S&P 500 lost 2.8% to 1283.27. Volume swelled 9% to 1.12 billion shares. ...

Stocks In The News - NYSE.(A)
January 3, 2001... After clearing the 30-40 range in mid-March, Kohl's advanced as high as 66 1/2.Since then it has been working on a 23-week base. It's 10% off its high. Kohl's operates about 300 specialty department stores that sell national brand...

The Big Picture.(A)(The Big Picture)
January 3, 2001... THE BIG PICTURE So much for year-end tax selling. Market pundits tried to dismiss Friday's decline as nothing more than folks doing a little last-minute tax planning. It turned out to be only a prelude to Tuesday's vicious sell-off....

Calif.'s Power Crisis: The Real Shortage May Lie In Courage To Increase Rates.(A)(View Point)
January 3, 2001... By Richard B. McKenzie California has been teetering on the brink of a full-fledged electric power crisis. The state's current problem is explained by several factors: past restrictions on the development of new electric generation...

Ideological Battle Brewing In House For Top Job On Foreign Affairs Panel.(A)(National Issue)
January 3, 2001... Byline: Sean Higgins Investor's Business Daily Rep. Doug Bereuter, R-Neb., is chasing the chairmanship of the House International Relations Committee like a dog after a loose steak bone. He's spent two years preparing for the...

A BOOST TO THE ECONOMY, I.(A)(Editorial)
January 3, 2001... Change is taking over Washington. A new Congress is being sworn in Wednesday, and a new president will take office in less than three weeks. But one thing remains the same: the establishment's ceaseless opposition to tax cuts. It's a shaky...

A BOOST TO THE ECONOMY, II.(A)(Editorial)
January 3, 2001... A tax cut is one way to help boost a flagging economy (see above). Another way is to cut the hidden tax of regulations. Unless Bush acts, President Clinton's last-minute rush of new rules will gut-punch business, leaving recession a...

IBD's Top 10.(A)(IBD's Top 10 1-5)
January 3, 2001... Manufacturing Index Dips, Flashes New Warning Sign 1The National Association of Purchasing Management warned of a deepening recession in U.S. factories. Its purchasing index slid to 43.7 in December from47.7 in November. The December...

Key Fund Holdings.(B)
January 3, 2001... Key Fund Holdings / Pharmacia was a top holding of MFS Capital Opportunities Fund and a top new buy of Heritage Growth Equity Fund as of the latest reporting periods. The stock in late November tried to break out of a base thatstarted in April....

N.Y. Life Launches Second, 18-Fund Group It will market Eclipse funds to planners through fund supermarkets.(B)(Making Money In Mutuals)
January 3, 2001... Byline: Ken Hoover Investor's Business Daily New York Life Investment Management, an arm of the life insurance company, launched Eclipse Funds on Tuesday. Eclipse is a family of 18 no-load mutual funds designed to be sold through...

Can Emerging-Market Debt Stage Threepeat? After returns of 30% and 11%, conditions remain largely favorable for 2001.(B)(Making Money In Mutuals)
January 3, 2001... Byline: Claire Mencke Investor's Business Daily Unlikely as it might seem after the global debt crisis two years ago, funds that invest in emerging-market debt just topped ranks of bond fund performers for the second year in a row. ...

The Real Most Active - NASDAQ.(B)(The Real Most Active - NASDAQ)
January 3, 2001... The Real Most Active If you're in cash, you're already way ahead of the Nasdaq this year. The tech-rich index posted the seventh-worst day in its history Tuesday on the first trading session of 2001. The composite dropped 178.66...

Stocks In The News - NASDAQ.(B)
January 3, 2001... Cytyc had a terrific 2000, rising 105%. The stock is in the middle of a 24-weekbase and is 17% off its July 17 high of 70 7/16. The stock has recently found support at its 50-day moving average. Fund managers who are long-term holders in a...