Feeds

World+Dog waits for Nasdaq opening

See, saw, Marjory Daw...

  • alert
  • submit to reddit

Maximizing your infrastructure through virtualization

Crash Register The whole world and its doggie are waiting to see what will happen on Nasdaq when the stock market opens any minute or hour or so now, but the fall out on Friday had all the signs of a panic run. That generated column inches that possibly reached to the Moon over the weekend but the indiscriminate rush to get out of high tech stocks covers a multitude of different firms and all with their own agenda. Let's look at the stocks and firms we normally cover and see what the realities as opposed to the fantasies might be. We'll update this story after the market shuts this evening. CPQ Compaq's share price fell by $1.625 on Friday to close at $25. That means that we've nearly lost our bet with Terry Shannon of Shannon knows Compaq. We thought the shares would rise steadily steeply to coincide with the introduction of its Wildfire technology in May. It's still undervalued in our opinion. AMD It didn't fare too badly in Friday's fallout, falling by $5 to close at $66. It's still doing considerably better than the $16 it bumbled along for months last year. INTC Intel fell by $10.625 to close at $110.5. Not bad, Chipzilla, not bad. Its Q results are out tomorrow and, let's face it, as the British Prime Minister Tony Blair says too much, it's a good long term bet. It's already said its going to be a building blocks Internet style firm, de-emphasising its microprocessor role. How can it lose in the long run? RMBS Cough. Rambus fell to $156.25 on Friday, a drop of over $46. But it, more than many other tech stocks, fell steeply over the week. So will it reach $500 now, as Morgan Stanley forecast a week or two back. Not on your nellie. SUNW Sun Microsystems only closed slightly down at $76.5. But then it had posted a 94 profit boost on sales of its non-Intel servers the day before. It's selling oodles of them. So, we'll see whether the Nasdaq turns into a Nosedive later in the day, or whether some investors realise that all of the above, essentially infrastructure companies, are going to do OK in the end... ®

Top three mobile application threats

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.