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THE REAL MOST ACTIVE Nasdaq Closes Strong Month With Mild Losses.(B)

Investor's Business Daily

| December 02, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: CRAIG SHAW

The Nasdaq dipped 0.6% in a shortened session Friday as volume fell to half normal levels. The composite gained 0.7% for the week to mark its seventh up week of the last eight. It surged 11.2% for November.

Logitech gapped down 1.81, or 4.7%, to 36.70 on fast turnover, giving up the bulk of Wednesday's gains. The computer peripherals maker has rebounded the past two months along with the market indexes to form a V-shaped base. It's still 31% off its high.

Comcast slumped 0.98 to 23.44 on twice normal trade. The No. 1 U.S. cable TV operator has traded in a range of 23 to 27 the past five weeks, failing to close above its 200-day moving average. The Pacific Stock Exchange announced it would start trading Comcast options Monday.

InterDigital Communications dipped 0.85 to 18.25 a day after notching a 52-week high. The wireless telecom chip maker has still logged nine up weeks in a row to clear a seven-month base. It remains well off its all-time high of 82.

On the upside, Blue Rhino gained 1.50 on heavy trade to notch a 52-week high of 19.40. The propane grill cylinder exchange firm has a Relative ...

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