Friday, June 10, 2011

Terremark removed from Internet Index - Dallas Business Journal:

tasypaju.wordpress.com
The index tracks the performance of the largesrt and mostliquid U.S.-listed companies engaged in internet-related businesses that are listee in the U.S. Every the index is re-evaluated. Terremark’s stock TMRK) was up 6 cents to $2.36 in morninbg trading. The company’s stock has tradedd as high as $7.67 and as low as $1.85 in the last In an e-mail to employeesx that was filed with the onMarch 10, Terremarjk Chairman and Chief Executive Officer Manuel Medina said he was frustrated with the recentr decline in the company’s stock price, and that therde was a “disconnect” between the stockl price and the company’sa performance.
“I believe that this can be attributede primarily to the apathy in the market place and the incrediblw skepticism of investors in thecurrentg environment,” he wrote. Medinq added that one of the negativesw of being a publiccompanyu “is that you are being valued everyy minute of every day,” and that therde are companies with strong fundamentals “that are being penalized for the overall conditions of the marketplace.” 1-800-FLOWERS.
CO (NASDAQ: FLWS)

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