Long SOHU after hours 37.35 .. our intraday trigger long was 37.25, I think SOHU will move to 40. About 2 after hours trades a month, but i try to make them count. Didn't get SINA or NTES but those our still our long expectations for next week. SOHU even after everyone called it and Asians short was on our watchlist most of the week including today as a long. No more calls in SOHU and I would have picked up calls but you can't after hours. Look for the rocket ship called SOHU (and probably NTES) to take off next week as shorts get squeezed. Go SOHU! Go NTES!
Top gainers, losers on the NYSE in first year of new bull market Wednesday October 8, 4:50 pm ET By Hope Yen, AP Business Writer
NEW YORK (AP) -- In the first year of Wall Street's new bull market, it's no surprise that telecommunications and Internet shares were among the biggest winners on the New York Stock Exchange and Nasdaq Stock Market. ADVERTISEMENT
The two sectors took a big hit during the three-year bear market, which began after the collapse of the tech bubble in 2000. But after the three main stock gauges hit multi-year lows on Oct. 9, 2002, many investors saw promise and value in the beaten-down shares.
Seven of the top 10 NYSE stock performers as measured by their percentage gain in returns were in the telecom industry, according to data through Tuesday. The returns include price change and dividend distributions.
The top gainers included American Tower Corp. and Crown Castle International Corp., both owners and operators of radio and broadcast towers. American Tower had the biggest return at 922 percent and is now trading close to $11; Crown Castle returned 472 percent and trades at about $11.
That compares to 32 percent gain for the Dow Jones industrials and a 33 percent climb for the Standard & Poor's 500 index since the Oct. 9, 2002 low. Because a bull market is typically defined as a sustained 20 percent move upward, the date can be considered the end of the bear market.
Other telecom winners were Nortel Invesora S.A. (returning 834 percent); Nortel Networks Corp. (794 percent); Corning Inc. (668 percent); Telecom Argentina STET (606 percent); and Avaya Inc. (524 percent).
And the biggest NYSE loser? Oneida Ltd., whose return dropped 76 percent after the maker of dinnerware and glassware last December restated its earnings for the past three years; it also suspended its dividend last May for the first time in 67 years.
For the Nasdaq composite, Web services for China's growing Internet population continued their hot streak, contributing to the tech-focused index's stunning 70 percent gain since Oct. 9, 2002.
The sector was a top performer in all of 2002, and has continued to do well. Three Web companies focusing on China placed in the Nasdaq's top 10 as measured by the percent gain of returns: Netease.com Inc. (2,855 percent); Sohu.com Inc. (1,864 percent); and Sina Corp. (1,831 percent).
Other winners included data communications companies Sonus Networks Inc., which had the biggest return at 3,080 percent, Pumatech Inc. (1,690 percent), and Opsware Inc. (1,600 percent).
The biggest loser was FAO Inc., whose return dropped 90 percent as the toy store company battled stiff competition from lower-priced rivals and sought bankruptcy protection in January.
Market Data 
Markets 
AI
