Sector Shares Fall

Although the share price of Lastminute.com had dropped to 82.5p ($1.18) this morning, analysts feel that the low price is not caused by the actual performance of the company, but rather the general pressure on Internet stocks.
Some of these stocks have been trading below their cash value and it is expected that Lastminute.com’s results next month, should restore confidence in the company. By way of comparison, the latest share price for Expedia is $15, down from a 52-week high of $65.88, Travelocity $15.38 (high of $51.88) and Priceline.com is $3.22 ($104.25).
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