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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: yard_man who wrote (3677)4/6/2004 11:04:34 AM
From: mishedlo  Read Replies (1) of 116555
 
Tech stocks slump after Nokia issues warning (NOK, CSCO, MSFT, INTC, $COMPQ) By Rex Crum
SAN FRANCISCO (CBS.MW) -- Leading technology stocks retreated Tuesday in the wake of wireless telecom giant Nokia's (NOK) first-quarter sales sales warning. Nokia shares fell more than 16 percent to $17.72, while other declines came from Microsoft (MSFT) , Intel (INTC) and Cisco Systems (CSCO) . The tech-heavy Nasdaq Composite Index ($COMPQ) fell 15.4 points to 2,063.73.
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