Communications Today Stockwire

Communications Today, March 11, 2003

03/10/03 5:00 p.m.

The Dow Jones U.S. Telecommunications Index finished up on Monday, closing at 94.99, a 0.54 percent increase since Friday.

The Dow and Nasdaq both finished in the red on Monday, driven downward by continued investor worry about a possible U.S. war with Iraq.

In the telecom sector, BT Group plc [BTY] lost $1.64 to finish at $23.21 while Verizon Communications [VZ] dropped $1.31 to close at $32.75.

On the telecom equipment side, Siemens AG [SI] dropped $1.35 to close at $38.65 while Level 3 Communications [LVLT] gained 10 cents to finish at $4.71.

In the satellite sector, EchoStar Communications Corp. [DISH] gained 3 cents to finish at $28.78 while Harris Corp. dropped $3 to close at $27.19.

The Dow Jones Industrial Average decreased 171.85 points, or 2.22 percent, to 7,568.18. The Nasdaq decreased 26.92 points, or 2.06 percent, to finish at 1,278.37.

Today's Telecom Winners
1.  Level 3 Comm, Inc.        4.61   4.71   0.1
2.  EarthLink, Inc.           5.1    5.16   0.06
3.  EchoStar Comm Corp.       28.75  28.78  0.03
4.  Time Warner Telecom Inc.  3.03   3.04   0.01
5.  Covad Comm Group, Inc.    0.66   0.67   0.01
Today's Telecom Losers
1.  Harris Corp.              30.19  27.19  -3
2.  BT Group plc              24.85  23.21  -1.64
3.  Siemens AG                40     38.65  -1.35
4.  Verizon Comm Inc.         34.06  32.75  -1.31
5.  ALLTEL Corp.              42.6   41.3   -1.3

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