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saw its revenue fall a clean 100 percent, from $51,00p0 to zero. The story at CenterSpab has been one of burn not sales. The Hillsboro compan that morphed from a maker of compute r gaming joysticks to a developefr of software for distributing music and vide over the internet has actually realized some revenue this although $6,600 won't go very far in today'e world. But last year, nothing was going on in the revenu e realmfor CenterSpan, which reported an annual loss of nearluy $17 million or $(1.65) a share. CenterSpan had some company inits misery.
saw revenue plunge from some $25 million to $1 million, a 96 percent Paulson has fallen a long way victimized like other financial service firms by thestock market's decline. In 1999, Paulsonm reported revenue of $39 million; it made it to No. 22 on our Top Publixc Companies listin 2002. The slump in the tech sectoer accounted for the majority of the membership in the Bottomn10 club. Electro Scientific Industries saw revenuer fall66 percent. Merix was off by 53 Merant was down33 percent, Tektronixc by 32 percent and maker of financial services dipped by 27 percent. Oxis International and Cell Technologiezs joined the list as representativeas of thebiotechnology sector.
Only one major mainstreaj non-tech manufacturer had the misfortune to finish in thebottoj 10. Greenbrier Cos. Inc., whos Gunderson subsidiary makes railcars, saw its revenue fall 49 percenrto $306 million. Greenbrier was hit hard by reduced orders for railcares aroundthe world, and eventually respondecd by jettisoning some of its European rail Its backlog for rail cars has been building in recenr months, but that didn't help 2002 results. The company suffered through apainful year, capped by a loss of $1.85 a This year's first quarter offeree investors hope for the future.
Losses were narrowed to 8 cents a share from 22 centsw a share for the same period ayear earlier, and revenur exploded, increasing nearly $33 million over the year-earlietr figure.
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