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« Fed Offers Fannie Mae (FNM) And Freddie Mac (FRE) Help, Investors Don't Care | Main | Starbucks (SBUX) Store Closings For July 2008 »

July 11, 2008

The 52-Week Low Club (FNM)(FRE)(WB)(LEH)(AMD)(JAVA)

Fannie Mae (FNM) Full-blow panic that it will fail. Down to $6.68 from 52-week high of $70.57.

Freddie Mac (FRE) Panic. Falls to $3.89 from 52-week high of $67.20.

Lehman (LEH) Panic over potential customer losses and write-offs. Down to $13.29 from 52-week high of $74.09.

Wachovia (WB) Fear of more losses. Sells off to $11.15 from 52-week high of $53.10.

AMD (AMD) Big write-off of assets. Down to $4.60 from 52-week high of $16.90.

Sun (JAVA) Concerns about profitability and revenue growth. Down to $9.06 from 52-week high of $25.04.

Douglas A. McIntyre

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