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Tech Bits.(A)(Internet & Technology)

Investor's Business Daily

| January 03, 2001 | COPYRIGHT 2001 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

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 are some of the biggest losers among companies with market capitalization above $1 billion:

CMGI Inc., the Internet incubator, topped the list, down 96%.

Red Hat Inc., No. 2, fell 94%. The provider of Linux ...

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