CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
A Slamarama For The New Economy
By Erica Garcia

(MONEY Magazine) – Like the NASDAQ, the S&P 500 and even the less tech-dependent Dow, the MONEY 30 was slammed during the month that ended March 14. Our index of stocks representing the New Economy fell almost 14%. The usual suspects--Motorola, Sun, Oracle, Cisco--all tumbled more than 20%. But it wasn't just tech that suffered. Charles Schwab--the biggest loser for the month-- plunged almost 33% on news that online trading was slowing everywhere. Even mighty Enron, a steady climber, fell more than 20%. Another big loser was manufacturer Tyco International, which announced that it would buy finance company CIT Group--and saw its stock drop 24% for the month.

There was one gainer: Mattel. The long-suffering toy company, which has been climbing since late January, added another 11% for the month after investors finally heard good news about the Learning Company, a troubled software company that Mattel sold to a buy-out firm in exchange for a share of future profits. Those profits may come sooner than expected.

--ERICA GARCIA

THE MONEY 30 INDEX, WHICH TRACKS THE PERFORMANCE OF 30 BLUE-CHIP GROWTH STOCKS AT THE FOREFRONT OF TODAY'S ECONOMY, FELL 14%--TO 2846--FROM FEB. 16 TO MARCH 14. (JANUARY 1996 EQUALS 1000.) GO TO WWW.MONEY.COM FOR REGULAR PRICE UPDATES.