The lingering recession has caused analysts to rethink Computer related company profits
By Mike Zaman
USB analyst appear to be bearish where PC related shares are concerned, as 2010 growth has been reduced for all major and minor players, 2010 and 2011 are looking murky for technology stocks.
PC Growth estimates have been reduced a full 5% with chip revenues flat.
Downgrades are everywhere:
The Major PC manufactures have all been downgraded to neutral, while Hynis, and LG were downgraded to sell. and each company share is reflecting the negative news:
In early trading Friday:
HPQ is down to $38.43.
INTC is down to $17.98.
WDC is down to $25.56.
VSEA is down to $24.99. and
TER is down to $9.22.
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Tags: Bear Market, Chipo Manufactures, Hard Drive, HPQ, INTC, Pc Manufactures, Stock Price, Stocks, Technical stocks, TER, USB, VSEA, WDC
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