Youghal Carpets takes a beating

IN THE COURSE of 1977, Youghal Carpets (Holdings) has seen its stock market rating shot to ribbons. From a high of 80 1/2p early in the year, the share price fell to a low of 41p during the autumn - thus cutting market capitalisation by a massive £6.3 million. The one-time market favourite was discredited. By Sean Mitchell