The ‘CardWeb.com 100’ stock index has fallen 4.8% since the start of this year, dropping sharply this week. Yesterday, Providian fell more than 9% after tumbling 8.8% on Monday, while NextCard hit a new low this week of 18 cents per share. Meanwhile, MBNA dropped 3.2% on both Tuesday and Wednesday. Capital One slipped 2.2% yesterday after declining nearly 6% on Monday. The Enron scandal and economic concerns have driven the market down this week. Pre-market activity this morning indicates another down day for the market. The ‘CardWeb.com 100’ stock index was launched January 1st and includes the stocks of highly focused credit card companies, card processors, card manufacturers, and other card related businesses. On the first trading day of 2002, the basket of 100 stocks stood at 1713.15. The daily index, along with current and historical data on each stock, is available to ‘Gold’ level subscribers of CardData ([www.carddata.com]).