The 52-Week Low Club (April 27, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Stock Tickers: ALK, KOMG, LUV, PWER, RACK, XPRSA

The market keeps putting in new highs, but that doesn’t keep some of the down and dirties from sinking to 52-Week Lows (we also gave the 52-week range).  Ouch.

Alaska Air (ALK) -10% at $31.88, range $33.60 to $45.85
The airline see flatter demand, and an untimely downgrade…..

Komag (KOMG) down 3% to $27.91, range $27.85 to $47.84
This one down again after earnings; disk drives are having issues at every company it looks like. This one barely closed above yesterday’s lows.

Southwest Airlines (LUV) -1.5% to $14.29, range $14.34 to $18.20
We have said this discounter is not a real discounter and its large advantages are coming to an end after this year and next.

Power-One (PWER) $4.30, range $4.29 to $8.15
Power conversion isn’t working out to well for everyone it looks like.  The good news is this one got back up a tad to not end officially under the year intraday lows.

Rackable Systems (RACK) -10% to $11.27, range $12.39 to $53.24
Even though they warned before the losses mounted.  Here’s what happens when a hi-flyer goes through a flameout and looks like Icarus.

US Xpress (XPRSA) -2.5% to $14.56, range $14.67 to $28.00
transports down JPMorgan downgrades, even if this one isn’t a part of it.

Jon C. Ogg
April 27, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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