Feeds

Carry on Falling – Lastminute shares

Private investors take stock

  • alert
  • submit to reddit

Protecting users from Firesheep and other Sidejacking attacks with SSL

Lastminute.com continued to plumb the depths of ever darker shades of red for its army of small investors today. By lunchtime, lastminute.com shares had hit 285p, down 35p on the morning. It is now some 95p lower than its offer price. Yesterday, small investors were looking at losses of some £40. Today, it's even more and anyone holding their measly 35 shares will have to consider whether to hang on tight or cut their losses. According to London local paper Metro, £94 million was wiped off the value of the company yesterday. The paper said co-founder Martha Lane-Fox has lost £1795 a minute since shares hit the hairy heights of more than 500p last week. Fox's fellow founder Brent Hoberman's losses worked out at about £2599 a minute. Still, Lane-Fox's and Hoberman's personal loss is nothing compared to US software billionaire Michael Saylor, who saw $6 billion wiped off the value of his personal fortune yesterday when shares in his company, MicroStrategy Inc, nose-dived. It's been described as the biggest worst losses in a single day. Ever. Hey-ho, such is life. ® Tune in and turn on to Cash Register, for more tales of the Bubble Economy

Website security in corporate America

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.