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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 39.99-0.4%Oct 31 9:30 AM EDT

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To: Sonny McWilliams who wrote (26854)3/27/2001 5:17:33 PM
From: Frank Ellis Morris  Read Replies (4) of 27012
 
Stock market moves today was quite impressive but after hours techs fell on bad news from Nortel and Palm





Tech stocks drop after hours
Nortel, Palm sink market
By Nicole Maestri, CBS.MarketWatch.com
Last Update: 5:08 PM ET Mar 27, 2001


NEW YORK (CBS.MW) - The tech rally ended quickly in after-hours
action Tuesday as Nortel Networks warned that first-quarter results will
fall below expectations and Palm said it expects a fourth-quarter loss
and will cut 250 jobs.

After nine of the Nasdaq's top 10 volume movers rose in the regular session,
tech shares lost their footing after hours, with Cisco (CSCO: news, msgs,
alerts) down 3 percent, JDS Uniphase (JDSU: news, msgs, alerts) down 2.7
percent, Ciena (CIEN: news, msgs, alerts) off 3.4 percent and Juniper
Networks (JNPR: news, msgs, alerts) sliding 2.4 percent.

Later
Frank
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