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Technology Stocks : XO Group Inc
XOXO 34.990.0%Dec 21 4:00 PM EST

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To: Tom Caruthers who wrote (123)8/9/2008 4:05:21 PM
From: Glenn Petersen  Read Replies (1) of 133

KNOT may not bottom out until after the tax selling season. They had another disappointing quarter and the stock traded as low as $6.58 yesterday, down $2.26. It subsequently recovered and closed at $8.22. Unfortunately, I was out-of-pocket most of the day, otherwise I would have tried to take advantage of the sell-off.

They are still sitting on $110 million in cash and long-term investments.

I don't know where the bottom is.

The second quarter press release:

The two-year chart:


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