Company Sept 30 Oct 31 % Change
October was a brutal month for the Publishers Weekly Stock Index, with prices falling for 18 of the 22 companies included in the Index. Prices dropped by double digits at nine companies, leading to a 5.1% decline for the entire PWSI. Advanced Marketing Services, which has still to file its fiscal year 2004 10-k with the SEC, had the largest decline, at 19.6%. Among the other big losers were Amazon, which had disappointing third-quarter profits, and Educational Development Corp., which also had a soft quarter. Thomas
Nelson's stock had the biggest monthly gain, ahead 14.1%.
Source: Reed Business Information
Winners
Thomas Nelson 18.76 21.41 14.1%
McGraw-Hill Cos. 48.04 48.94 1.9
Books-A-Million 9.00 9.15 1.7
LeapFrog 14.77 15.00 1.5
Losers
Advanced Marketing Svc. 4.85 3.90 -19.6%
Audible 12.29 10.45 -15.0
Courier Corp. 37.40 32.75 -12.4
Amazon.com 45.30 39.86 -12.0
Scholastic 36.96 32.55 -11.9
Educational Dev. Corp. 9.31 8.21 -11.8
Publishers Weekly
Stock Index 519.49 492.87 -5.1%
Dow Jones Average 10,568.70 10,440.07 -1.2%