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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Qualified Opinion who wrote (40338)	12/2/2000 11:13:16 AM
From: Gottfried	Respond to of 70976

robgera, from Barron's on warnings >This was hardly the year's first earnings warning from the PC crowd; Dell Computer alone has had four. Coupled with bad news from several other technology companies, however, it sent shudders through the market. In late trading Thursday, Gateway stock plunged as low as 17.50, before rebounding to 19.12 Friday, still down 14.38 on the week, and the week's worst performer in the S&P 500 Index. Other tech stocks suffered in the backlash, with Cisco falling from 52 through the magic 50 level, to 48.50. Dell fell to 18.44 from 24.30, Microsoft slid to 56.63 from 70, and Intel (the week's worst Dow performer) gave up 9.88 to 34.12. The market also was rife with rumors that Microsoft and Intel would be next to issue earnings warnings.< subscribers interactive.wsj.com Gottfried