The Bombay Company (BBA) Company has a "going concern" letter from its auditors. Also losing money and has hired an outside adviser to help with "liquidity" issues. Down 25% today to $.54. From a 52-week high of $2.94. Home furnishing business must be tough.
Haverty Furniture (HVT) Not to be outdone by Bombay, company has a bad quarter. Stock falls to $12.13 from 52-week high of $17.15.
US Air (LCC) At least it is not a furniture company. High oil prices. Difficulty raising fares. Flat April traffic. Stock down to $34.85 from 52-week high of $63.27.
Spatialight (HDTV) Hit by a steam roller. The company manufactures and sells high-resolution liquid crystal on silicon microdisplays. Just raised money. "Going concern" letter from auditors. Nasdaq delisting notice. A trifecta. Down to $.22 from 52-week high of $3.59.
JDS Uniphase. (JDSU) Poor quarter. Optical equipment company can’t do well, even in a good environment. Down to $13.73 from 52-week high of $27.92.
Douglas A. McIntyre