Throwback Thursday: SSI Online Gets a Major Facelift
The Internet has evolved quickly over the years. Here’s what was happening on SSI‘s website in 2003.
Welcome to the latest edition of SSI Throwback Thursday, where we take a look back at snapshots of securitysales.com from past years.
Today we are taking a glimpse of the website from February 2003. Compared to just a year earlier, SSI‘s website looks much more modern. It’s much cleaner and easier to navigate.
The breaking news section includes stories like, “L.A. City Council Rejects Motion to Veto New Alarm Policy,” “Ex-Tyco Exec Accused of Stealing Millions” and “Alarm Response Piece on CBS Canceled Due to Shuttle Coverage.”
February’s cover story, “Security Stocks Swept Up in Wall Street’s 2002 Free-fall,” takes a look at security companies that saw gains while the majority of the stock market was down. Here’s an excerpt:
With the country caught up in fear of terrorists and anxiety over impending war, many security stocks bucked the declining trend of the stock market and registered solid gains in 2002. But it wasn’t easy as market indicators registered a third straight year of losses, sending investors running for the hills.
For the year, the Dow Jones dropped 16.8 percent, the S&P; 500 23.4 percent and the NASDAQ composite plunged 31.5 percent.
Despite the stock appreciation realized by some security stocks, many saw the astronomical gains for the explosives detection and biometric companies drop sharply from the highs reached shortly after the terrorist attacks of Sept. 11, 2001.
In 2002, a number of small, micro-cap security product manufacturing companies dominated the top 10 security stock gainers. Five of the 10 were triple-digit winners – no small achievement in a grim market driven down by minimal profits, a weak economy, a declining dollar and a slew of giant bankruptcies and disclosures of corporate malfeasance.
You can read the rest of the feature and explore the 2003 version of securitysales.com by clicking here.
Do you remember surfing SSI online back in 2003? Let us know in the comments!
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