Market Slides As U.S. Awaits Military Action


VARBusiness logo By Chandra Steele and Dana Silverstein

4:34 PM EDT Thu. Sep. 20, 2001
From the September 20, 2001 issue of VARBusiness
Economic and military uncertainties on Thursday continued to plague the market, which was already weakened before last Tuesday's terrorist attacks.

Here are how ten stocks that affect resellers fared:

  • IBM was down to $93.09 from its closing price of $96.00 on Wednesday, on 14 million shares traded. Its 52-week range is $80.06 to $126.69 on average daily volume of 6.86 million.
  • Cisco was down to $12.92 from its closing price of $13.49 on Wednesday, on 82.3 million shares traded. Its 52-week range is $13.19 to $63.63 on average daily volume of 56.3 million.
  • Intel was down to $20.71 from its closing price of $22.28 on Wednesday, on 67.3 million shares traded. Its 52-week range is $22.25 to $63.50 on average daily volume of 42.33 million.
  • Microsoft was down to $50.76 from its closing price of $53.87 on Wednesday, on 56.2 million shares traded. Its 52-week range is $40.25 to $76.15 on average daily volume of 30.29 million.
  • Sun Microsystems was down to $8.48 from its closing price of $9.10 on Wednesday, on 62.5 million shares traded. Its 52-week range is $10.06 to $61.94 on average daily volume of 39 million.
  • Compaq was down to $7.86 from its closing price of $8.13 on Wednesday, on 17.9 million shares traded. Its 52-week range is $9.95 to $31.63 on average daily volume of 10.69 million.
  • Hewlett-Packard was down to $14.47 from its closing price of $15.40 on Wednesday, on 11.3 million shares traded. Its 52-week range is $15.5 to $53.72 on average daily volume of 6.57 million.
  • EMC was up to $12.70 from its closing price of $12.60 on Wednesday, on 26.5 million shares traded. Its 52-week range is $12.60 to $104.94 on average daily volume of 16.94 million.
  • Tech Data was up to $37.24 from its closing price of $36.50 on Wednesday, on 1.1 shares traded. Its 52-week range is $24.93 to $49.88 on average daily volume of 581,500.
  • Ingram Micro was down to $12.84 from its closing price of $13.65 on Wednesday, on 237,100 shares traded. Its 52-week range is $10.19 to $18.38 on average daily volume of 236,045.

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