How Low Can They Go?
Data center providers hit hard for second straight day

April 4, 2001 -- Stock prices of leading data center companies continued to sink yesterday, sustaining double digit losses for the second consecutive day as the broader market struggled to stabilize.
The volatile session ended with the Dow up 29.7 points, while the NASDAQ dipped 34 points on the session, a loss of about 2 percent.
But losses were considerably steeper among Internet infrastructure shares. The 20 issues in the CarrierHotels.com Market Monitor averaged a 5.5 percent loss on the day, with several industry bellwethers taking it on the chin for a second straight day. Exodus Communications, Level 3 Communications, Digex and InterNAP Network Services all shed at least 15 percent of their value.