The Richest Woman in the World: How Gina Rinehart Earns her Billions
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)Over the past few weeks I have seen a bit of skepticism showered on the technology sector. As was noted in a Bloggingstocks post earlier this month, Jim Cramer offered some cautious comments on the group, saying that many stocks were "off limits". I then saw this BusinessWeek article that says Standard & Poor's is calling for a potential 7% to 10% correction in the Nasdaq Composite.
To be sure, this hasn't been a good couple of weeks for individual tech stocks. Companies such as Intel Corp. (NASDAQ:INTC), Apple Inc. (NASDAQ:AAPL), International Business Machines (NYSE:IBM), Advanced Micro Devices (NYSE:AMD), Lam Research (NASDAQ:LRCX), and Symantec (NASDAQ:SYMC) have all seen their stocks hit. Some posted lower-than-expected earnings, some warned, and some saw selling despite seemingly decent results. Each stock drop has helped to weigh on the collective psyche of investors. In other words, each individual sell off has fed into the skepticism expressed above.
To be sure, this hasn't been a good couple of weeks for individual tech stocks. Companies such as Intel Corp. (NASDAQ:INTC), Apple Inc. (NASDAQ:AAPL), International Business Machines (NYSE:IBM), Advanced Micro Devices (NYSE:AMD), Lam Research (NASDAQ:LRCX), and Symantec (NASDAQ:SYMC) have all seen their stocks hit. Some posted lower-than-expected earnings, some warned, and some saw selling despite seemingly decent results. Each stock drop has helped to weigh on the collective psyche of investors. In other words, each individual sell off has fed into the skepticism expressed above.
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