SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Sonny McWilliams who wrote (26854)3/27/2001 5:17:33 PM
From: Frank Ellis Morris  Read Replies (4) | Respond to 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