Business Services Industry

Ventura County, Calif., Companies Fare Poorly on Stock Market in 2001.

Knight Ridder/Tribune Business News, January, 2002

By Deborah Crowe, Ventura County Star, Calif. Knight Ridder/Tribune Business News

Jan. 2--2001 was the year that finally sucked the last air from the New Economy bubble and Ventura County stocks were not immune.

Shares of half of the 56 publicly traded companies in Ventura County and surrounding area are down from a year ago. Almost half of those also had lost value in 2000.

"It's been an ugly year," said Steve Wagner, a Ventura certified financial planner. "This is the first time since 1973-74 that we've had two consecutive years where the major indexes were down."

One of the top local gainers in 2000, Power-One Inc. (Nasdaq: PWER) is down 76 percent from a year ago. The Camarillo-based power-supply maker spent most of 2001...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement