Those who did sell shares shed technology funds and went into safer, but less lucrative, money market funds, he said.
[Page C2.] Nasdaq Slides, but Dow Edges Up Investors continued to shed technology stocks, sending the Nasdaq composite index down for the seventh time in eight sessions.
Stock prices fell yesterday as investors shed technology issues after Juniper Networks released a bleak second-quarter forecast, reigniting Wall Street's concerns about weak corporate profits.
Even with the Nasdaq's rebound, Christine A. Callies, chief investment strategist at Credit Suisse First Boston believes investors will continue to shed technology stocks, viewing many of them as still too expensive and volatile.
Even in health care, which reliably added jobs when every other sector was shedding them, technology is starting to look labour-saving.
In this paper, a novel load-shedding technology based on the zero-sequence power supply (ZPS) principle is proposed.
Mr. Elop made many tough choices, including major layoffs, selling office space and shedding pet technologies like an aging operating system for mobile devices.
Last week, investors shed more technology issues believed to be overvalued, and even the more established companies like Motorola, Cisco and Oracle.
Part of the problem, analysts said, is that many of the companies shedding jobs are technology manufacturers, while most of the companies that are hiring are Internet-based.
Technology is shedding many of the traditional limitations imposed by stationary media and materials like stone and canvas, by the size of the negative or by the tensile strength of metal.
