Chief executive officers Donald Belcher and John Dillon, respectively, were not overjoyed with their stock's performance, but gamely promised to try harder. They had fallen victim, in part, to the technology craze, and more specifically, the irrational dot-com era. Well, the tables are turning now.
Plexus provides an example of the stock market's quirkiness.
The company boasts strong sales and earnings, but has not seen those factors translated into an appropriate stock price. Plexus stock resisted the technology slide last summer when its stock was finishing a one-year period of nearly sevenfold growth. By early autumn, however, it could no longer stave off the drop. On the flip-side of the coin is International Paper, the world's biggest paper company and parent of operations in Kaukauna, Menasha and De Pere. The company has seen its stock rebound from an early 2000 decline.