| ActiveMac | Anonymous | Create a User | Reviews | News | Forums | Advertise |
|
|
|
User Controls |
|
New User |
|
Login |
|
Edit/View My Profile |
|
|
|
|
|
|
|
ActiveMac |
|
Articles |
|
Forums |
|
Links |
|
News |
|
News Search |
|
Reviews |
|
|
|
|
|
|
|
News Centers |
|
Windows/Microsoft |
|
DVD |
|
ActiveHardware |
|
Xbox |
|
MaINTosh |
|
News Search |
|
|
|
|
|
|
|
ANet Chats |
|
The Lobby |
|
Special Events Room |
|
Developer's Lounge |
|
XBox Chat |
|
|
|
|
|
|
|
FAQ's |
|
Windows 98/98 SE |
|
Windows 2000 |
|
Windows Me |
|
Windows "Whistler" XP |
|
Windows CE |
|
Internet Explorer 6 |
|
Internet Explorer 5 |
|
Xbox |
|
DirectX |
|
DVD's |
|
|
|
|
|
|
|
TopTechTips |
|
Registry Tips |
|
Windows 95/98 |
|
Windows 2000 |
|
Internet Explorer 4 |
|
Internet Explorer 5 |
|
Windows NT Tips |
|
Program Tips |
|
Easter Eggs |
|
Hardware |
|
DVD |
|
|
|
|
|
|
|
Latest Reviews |
|
Applications |
|
Microsoft Windows XP Professional |
|
Norton SystemWorks 2002 |
|
|
|
Hardware |
|
Intel Personal Audio Player 3000 |
|
Microsoft Wireless IntelliMouse Explorer |
|
|
|
|
|
|
|
Site News/Info |
|
About This Site |
|
Affiliates |
|
ANet Forums |
|
Contact Us |
|
Default Home Page |
|
Link To Us |
|
Links |
|
Member Pages |
|
Site Search |
|
Awards |
|
|
|
|
|
|
|
Credits |
 |
Little Relief in Sight | |
|
||
| Time: 10:25 EST/15:25 GMT | News Source: Associated Press | Posted By: Alex Harris | ||
|
Technology and communications funds reverted to their losing ways this week, as disappointing earnings news and dismal forecasts for the coming quarters renewed investors' sense of caution. Both groups ended the five trading sessions ending Thursday (that's when we stop the clock to tally fund returns) on a sour note, shedding 6.06% and 5.27%, respectively. Nervous investors pulled out of technology stocks as they watched Microsoft's Bill Gates and Hewlett-Packard's Carly Fiorina defend their companies in court. On the communications front, WorldCom lowered its 2002 revenue guidance by $1 billion on Monday, causing a 33% stock swoon and dragging down shares of AT&T as well. Wireless equipment provider Ericsson also dropped 23% on Monday after it announced that sales would fall more than the 10% it had originally projected. Year-to-date, communications funds are down 24.44%, making them the worst performing sector. | ||
|
Write Comment
Return to News |
Displaying 451 through 460 of 460 Prev | First |
The time now is
11:42:58 AM
ET.
Any comment problems? E-mail us |
|
Write Comment
Return to News |
Displaying 451 through 460 of 460 Prev | First |
The time now is
11:42:58 AM
ET.
Any comment problems? E-mail us |
