TITLE

Most Big Tech Stocks Escape Unharmed

PUB. DATE
March 2008
SOURCE
Red Herring;3/17/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the shares of most large technology companies were not affected by Wall Street's erratic performance on March 17, 2008 in the wake of the government-backed fire sale of Bear Stearns to JPMorgan Chase & Co. for $260.5 million. While the Dow Jones Industrial Average initially dropped by nearly 200 points before closing up 21.16 points, the shares of Apple, Hewlett-Packard and Intel gained $0.12, $0.50 and $0.19, respectively.
ACCESSION #
36876178

 

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