Pulse: Good News Not Enough for Palm and Research in Motion

The Nasdaq Composite stopped just short of an eighth straight losing session as an early bargain-hunting session among tech stocks almost turned sour in the face of continuing poor earnings reports.

Net/Tech Indices INDEX CHANGE % VALUE TSC Internet 13.70 -4.61% 283.63 TSC E-Commerce 0.60 -4.02% 14.34 TSC E-Finance 0.82 -3.15% 25.24 Nasdaq 7.34 +0.31% 2340.12

Even relatively good news wasn't especially well received. Palm (PALM Quote), which brought in numbers at the high end of its forecast, got smacked today, apparently because the news wasn't quite good enough. ...