fell 6.9% in early trading after striking a new low of $25.50. The company said that weak demand in Europe was depressing third-quarter sales, although earnings for the period are still on track.
Fourth-quarter results, however, could be 1 to 2 cents below company estimates.
lowered earnings estimates for the company while
Sanford C. Bernstein
maintained its market perform rating. Other PC stocks were lower.
was down 4% and the
Box Maker Index
was off 1.9%.