The PC sector is under fire this morning.
has cut revenue estimates on PC-makers
this morning, thanks to weakness in PC sales.
Prudential cut fourth-quarter revenue estimates for IBM for the fourth quarter to $24.5 billion from $25.3 billion. IBM was lower in preopen trading, with shares lately down $2.69 to $82, or 3.2%, on 37,200
shares. Pru trimmed its revenue estimates for Dell to $8.29 billion for the quarter from a previous estimate of $8.38 billion. Dell was the most actively traded stock in preopen trading, losing 38 cents to $17.63 on 87,900
: DOWN to add from buy at
: DOWN to hold from strong buy at
: DOWN to buy from strong buy at UBS Warburg.
: NEW hold at UBS Warburg.