Wall Street Crisis and Technology Companies.
During my vacation in Cancun, Mexico I heard only bad news about stock market. As active eTrader i decided to let it go and keep my stocks wethout selling them. Only after I arrived in Boston i logged in myeTrade and found that in less than a week I lost 18.8% with all my stocks.

I went through different resourses to see how crisis could possibly hit technology companies.
- Motorola CEO Greg Brown announced an 84% earnings drop for the December quarter.
- Apple, despite 58% earnings growth, fell 19%, to 129, after it issued a so-so second quarter forecast on Jan. 22.
- Yahoo! is mulling cuts of up to 700 people, or 5% of its stuff.
Link this post:
If you found this interesting, use the code in the box below to link
this page from your website or blog.
this page from your website or blog.

January 26th, 2008 at 9:18 pm