Just before Christmas, the company's stock had slid to $8.50, one third the price of two years earlier.

The stock slid $1, to a new low of $7 on Thursday.

The company's stock has slid sharply in the last two months.

But stocks slid lower throughout the afternoon and closed down across the board.

Time's stock slid again yesterday, as it has each day since the offer for Warner was announced.

The stock had been sliding for most of 2002.

Notably, in the last week, while stocks slid, the fund was up 1.3 percent.

The stock has since slid an additional 1.4 percent.

The stock slid 75 cents, to $53.50, with 3.4 million shares changing hands.

Stock and real estate prices, which form the bedrock of the financial system, have been sliding for four years.