January 1, 1998

Exabyte’s shares hurt by tech stock fears

By mid-December, the Dow Jones Industrials Average had started to recover from the substantial losses of November, despite continued uncertainty about Asia’s financial strength.

The Dow managed to climb 265.82 points higher, or 3.51 percent, to close the period ended Dec. 12 at 7838.30.

The Boulder County Stock Index did not follow the recovery as it slipped lower. Our index lost 106.28 points, or -3.42 percent, to close the trading period at 2997.29. Locally, losers outmatched advancers by a 31-to-24 count

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