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US technology stocks have experienced a bad day as investors reacted badly to uninspiring profits turned in by a number of technology giants. Nasdaq fell by 2.91 per cent to 2,398.72 points.
Published: 2 January 2001 17:45 GMT
According to Reuters, West Coast-based investment bank Robert Stephens has lowered its rating on companies in the data availability and protection sectors including Cacheflow Inc, Netegrity Inc and Quest Software Inc.
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CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.
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