Companies such as Yahoo Inc have fallen down the rankings of the biggest stocks as the NASDAQ dropped 75 percent from its peak. Yahoo, which had a market value of more than US$160 billion and sold at some 750 times earnings, has lost 60 percent of its value and now trades at 80 times earnings.
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Wed, Sep 18, 2002 - Page 12 News List
Biggest companies in S&P get cheap
US EQUITIES General Electric, the world's biggest company by market value, has dropped 30 percent this year, and IBM, the top computer firm, has lost 40 percent
BLOOMBERG , NEW YORK
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