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THE REAL MOST ACTIVE Nasdaq Dips In Tame Trade, Gains For Month.(B)

Investor's Business Daily

| February 02, 2004 | COPYRIGHT 2004 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 logged a quiet session Friday to wrap up its fourth straight month of gains. The tech composite shed 0.1% on lighter trade. The big-cap Nasdaq 100 dipped 0.2%. For January, the Nasdaq added 3.1%.

Yellow Roadway crashed 5.01, or 13.8%, to 31.40 on seven times normal volume. The recently merged trucking group reported disappointing volumes at its Roadway unit and guided down early 2004 earnings views. The firm reiterated its full-year '04 earnings target of $2.70-$3.30 a share, but said first-quarter profit would be 25-35 cents. First Call analysts see 35 cents.

Gilead Sciences gapped down 5.88 to 54.81, slicing through its 50-day and 200-day support lines. More than 20 million shares changed hands vs. its 50-day average of 3.3 million. The biotech late Thursday forecast sales of anti-HIV drug Viread that fell below analysts' expectations. It also said competition will hurt sales of anti-fungal drug AmBisome. Merrill Lynch cut the stock to neutral from buy.

America Service Group slumped 5.67, or 16.8%, to 28.02, wiping out 2 1/2 months of gains. Volume surged fivefold. The provider of health services for prisons said late Thursday it's ...

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