Long Island stocks on move

Two Long Island companies whose stock price suffered this week (the one ending July 23, 2010).

Comtech
(CMTL)
Melville
$21.73 (week's change: -29.4%) 
52-week return: -34.9%
The developer of satellite communications systems said the U.S. Army rejected its bid for a lucrative contract. The news pushed shares to their lowest close in nearly six years.

Jennifer Convertibles
(JENN)
Woodbury
$0.03 (week's change: -90.0%) 
52-week return: -94.4%
Shares lost almost all of what was left of their value after the sofabed retailer filed for Chapter 11 bankruptcy protection. The company will remain operating during the bankruptcy process.

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