Damn, I'm about ready to throw in the towel! Just when it seemed that the techs might recover a little bit, analysts downgrade more semi stocks, then CBS Marketwatch makes it worse by calling then "chip equipment makers". Reuters, on the other hand, calls them "software" companies.
Its no wonder all techs are down.....everything gets painted with the same brush. How do we deal with such an influential combination of idiots?
>Tuesday, October 10, 2000
Analysts cut down ALTR, XLNX
--9:24 am - By Tomi Kilgore
Altera (ALTR: news, msgs) is tumbling $10, or 24 percent, to $30.88 and Xilinx (XLNX: news, msgs) is plunging $14, or 18 percent, to $65.13 in pre-market trading, after Analyst Dan Niles at Lehman Bros. downgraded both chip equipment makers.<
(Reuters)
>Salomon Smith Barney and Lehman Brothers both cut their ratings of software companies Altera Corp.
(NasdaqNM:ALTR - news) and Xilinx Inc.< |
