Freeserve shares tumble
Print storyMarket reacts to unmetered hysteria
Posted in Business, 7th March 2000 16:40 GMT
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The share price of Britain's favourite monster ISP, Freeserve, plummeted almost 20 per cent today. Before trading closed Freeserve stock was down 170.50p to 709.00p, wiping loadsamoney off the value of the company. BT's share price fell almost ten per cent, down 118.00p, during the day's trading. Today, NTL announced it was to provide flat-fee unmetered access to the Net. The performance of Freeserve's and BT's shares may have had something to do with that. Possibly. ® Related Stories Blair the e-vangelist gives boost to wired Britain Freeserve in NTL's sights Freeserve strikes back with unmetered service Friendly DDoS takes out NTL site It's first come, first served: AltaVista
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