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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Loki who wrote (47084)2/5/1999 3:29:00 PM
From: Night Writer  Respond to of 97611
 
Loki,
All the techs I own and watch are down except CMPL and XYBR (watch list). Looks like a rough ride for the first quarter again this year.
NW
U.S. TRADING SUMMARY: U.S. stocks were weaker at midday with the
Dow bouncing in and out of negative territory and the Nasdaq
extending its slide. Persistent discomfort with valuations in the
technology sector and broader fears that strong economic growth
will eventually mean higher interest rates loomed over the
markets. At midday the Dow Jones industrial average was off 16
points at 9289. On the New York Stock Exchange, declines led
advances 1,648 to 1,124 on trading volume of 536 million shares.
Fresh from its third-largest daily point loss in history, the
Nasdaq Composite shed 56 points to 2354. The S&P 500 index fell 14
to 1235. The Russell 2000 dropped five points to 413.