4 posts and columns on tech stocks

Analyst: The Great Dark Times Cometh!

in News on October 3, 2008 at 5:19 pm PT

The financial markets’ descent into the maelstrom over the past several weeks is proving quite a test of faith for Collins Stewart analyst Sandeep Aggarwal. Last week he cut his estimates for Yahoo, citing the company’s deteriorating fundamentals. Since then he’s become increasingly dismayed by Wall Street’s continued collapse.

Red Hat Shares Slide as Q3 Guidance Disappoints

in News on September 25, 2008 at 2:49 pm PT

Red Hat (RHT) shares are trading lower in an otherwise upbeat session for tech stocks, after the company last night provided lower-than-expected guidance for its fiscal third quarter ending November.

No! Short-Selling List Now Includes … IBM?

in News on September 24, 2008 at 4:16 pm PT

OK, so this is getting ridiculous. The SEC this morning added another dozen names to its list of stocks that are temporarily banned from new short sales. The weirdest addition: IBM. That’s right, IBM, one of the world’s leading technology companies. Someone needs to explain this to me, because I don’t get the logic.