Top 10 Worst Performing VARBusiness 500 Stocks Of 2007


NAME: MTM Technologies

LOCATION: Stamford, Conn.

2007 VARBusiness 500 RANK: 145

CEO: Steven Stringer

TICKER SYMBOL: MTMC

STOCK PRICE, JAN. 3, 2007: $1.60

STOCK PRICE, DEC. 14, 2007: $0.60

PCT. CHANGE: -62.5%

SPECIALTY: Convergence, consolidation and virtualization solutions, as well as managed services including system monitoring and management, hosting, security management, IP telephony management, and IT support.

FINANCIALS: Lost $7.2 million, or 74 cents per share, on $129.3 million in sales through the last two fiscal quarters. The results compare to an $18.4 million loss, or $1.58 per share, on $143 million in sales for the same quarters last year.