Archive for November, 2008
Post-Thanksgiving Trauma Sends Tech Stocks Tumbling
The fall in PC-maker stocks that began early this week with Compaq and Dell came to a head yesterday in response to a Gateway warning that its fourth quarter earnings could miss expectations by up to 40 percent. Gateway is only one of the many tech companies that got hammered by Wall Street since Thanksgiving, and it wasn’t just computer makers — everyone from chipmaking giant Intel to software behemoth Microsoft is struggling against tumbling share prices.
