|Day Low/High||29.76 / 30.46|
|52 Wk Low/High||22.30 / 34.71|
Sanmina's meltdown and the H-P-Compaq merger give more evidence that tech's decline is not cyclical but secular and long-term.
Historically, it's a positive week for the market, but bad company news is dragging us down.
Individual stocks, like IBM, are trading higher because good macro numbers are taking broad indices up.
Despite widespread overcapacity, many companies continue to hold out for valuations of a bygone era.
Contract manufacturers need scale and a diversified customer base just to compete, analysts say.
Also, Deutsche Bank's Andrew Shore weighs in with why he doesn't like Gillette right now.
Check out this morning's list of earnings, corporate and economic news.
Sanmina and others divulge weak outlook. Transmeta is losing more than 53% so far.
A trio of tech stocks feel the pain over lower earnings and revenue.
The electronics manufacturing services stocks, like Jabil and Solectron, are no place to hide.
Also, does QLogic ever 'fess up? And more printed circuit board blues.
Deal sounds good for both companies, but their rivals can't be too pleased.
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