Fall From Grace - UK Intternet stocks - Industry Trend or Event - Brief Article

Industry Standard, The, Dec 25, 2000 by Richard Martin

The quarterly review of U.K. financial indexes was a bloodbath for Internet stocks. Lastminute.com got the boot from the United Kingdom's premier high-tech index, the TechMark 100, as its stock continued to slide. It was joined by QXL and ISP Easynet. Software group Sema and software security group Baltimore Technologies both fell out of the FTSE 100 index; search software group Autonomy took their place after its successful IPO.