| BUSINESSWEEK ONLINE : OCTOBER 23, 2000 ISSUE | ||||||||
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| INTERNATIONAL -- FINANCE
The Neuer Markt's Stormy Autumn SEPT. 13 The merger of the Deutsche Borse and London Stock Exchange collapses. The Neuer Markt, part of Deutsche Borse, now has no access to the LSE's deep capital. SEPT. 29 Neuer Markt chief Josef Naegel unexpectedly quits. OCT. 6 Poor market conditions persuade Leica Microsystems and Steinberg Media Technologies to pull IPOs. OCT. 7 The LSE announces plans for a single European growth market--a potential rival to the Neuer Markt. OCT. 9 Heavy selling of high-tech stocks drives the Neuer Markt down 5% in a single session. DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
RELATED ITEMS Down and Out in Frankfurt (int'l edition) CHART: Tech Volatility TABLE: The Neuer Markt's Stormy Autumn INTERACT E-Mail to Business Week Online | |||||||
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