AT&T, Kodak and International Paper have been removed from the Dow 30. Kodak joined the Dow in 1930, AT&T in 1939, and International Paper in 1956.
I don't pay any attention to the Dow; consequently, it doesn't matter to me that AIG (financial services), Verizon (telecommunications), and Pfizer (drugs) are the new Dow members.
The Dow is the Dow Jones Industrial Average (DJIA) and it the unit of measurement for the New York Stock Exchange.
I'm not sure why AT&T was removed from the Dow; maybe it is the price they pay for forsaking Ma Bell.
GDT::Portfolio sold all of its DTHK shares are $2.37 pre share. These shares were going to go up given a company is buying Digital Think for $2.40 a share. This investment resulted in a small loss.SOLD DTHK 2.36 03/29/2004
GDT::Portfolio increased its EBIO holdings by 50%.BOUGHT EBIO 2.17 03/31/2004 avg. cost per share is $2.50
We doubled our small holding in Firstwave Technologies. Our initial purchase of FSTW shares was on 07/26/2003 at $7.08.BOUGHT FSTW 4.58 03/30/2004 avg. cost per share is $5.98
Marimba was voted one of the 50 best places to work in the greater San Francisco area. On Thursday, 01 April 2004, MRBA shares were up almost 6.5% closing the day at $6.27. Trading volume was about 50% more than normal. MRBA shares were up another 8.45% on Friday closing the week at $6.80. { Marimba::Press Release }
RHAT shares opened the week strong making a new 52-week high on Monday, 29 March 2004. The stock closed the week at $24.00.
We sold some STEI shares in order to raise cash. STEI shares opened the week making a new 52-week high of $7.55.SOLD STEI 7.09 03/29/2004 avg. cost per share is $4.35
SUNW shares were up 20% on Friday, 02 April 2004, closing the week at $5.06. Investors were pleased that Microsoft agreed to pay $2 billion to Sun as a result of various legal lawsuits. Sun also announced it was cutting its work force by 10% (3000 workers).
VISG shares opened the week making a new 52-week high of $7.60. On Tuesday, a brokerage firm issued a 'Buy' rating on the stock and the shares spike to $8.20 before closing the day at $7.99, up 7.54%. On Friday, 02 April 2004, VISG shares were up 21.8% closing at a two-year high of $9.36 on news of the company signing a U.S. Dept. of Defense contract. Viisage is into smart card technology.
YHOO shares made a new 52-week of $50.63 on Friday, 02 April 2004. The shares closed the week at $50.15.
Author: Gerald D. Thurman
[gdt@deru.com]
Created: 02 April 2004