Austrian PC-manufacturer Gericom is second biggest capital stock annihilator
February 23rd, 2007 in Austrian Stock Exchange
Austrian PC-manufacturer Gericom is the second biggest capital stock annihilator
According to the ranking of the German protection association for security holdings (DSW), the Austrian PC-manufacturer Gericom was elected to the second biggest capital stock annihilator in 2006.
An capital expenditure of 10.000 EUR five years ago, had a value of poor 341 EUR at the end of 2006. The company made sales of 63 Mio EUR, and a loss of 30 Mio EUR last year.
The biggest capital stock annihilator in 2006 was the German software company TRIA AG.
Among the 50 biggest capital stock annihilators are also names like: Financial service organisation MLP, the Erotic merchant Beate Uhse, doll producer Zapf Creation and computer manufacturer Medion. Investors lost up to a third of their money with those shares in the past year.

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