| Chip stocks led a late stock market decline Monday on concerns about overproduction and weak demand. Researchers Dip Chips in Nanotubes for Smaller Circuits | Science Blog::
We dip the chips into nanotubes much like dipping an ice cream cone into candy, a graduate student in Johnsons laboratory and lead author of the study.
http://www.scienceblog.com/cms/node/8553HOME |
Intel led the way with a 2% loss on a Barron's article that questioned the company's valuation ahead of its mid-quarter update this week. The article cited slowing motherboard sales and an unsustainable pace in wafer starts that suggests that production may be outstripping demand. FresnoBee.com News Blog: Chips, dip and outrageous holiday gas prices::
friends over, eat some chips and dip and dont go near Bill McEwen on Poochigian leading, but unavailable. Bill McEwen on How the mighty have fallen
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Mike-Sells Good n Hot Flavor Potato Chips::
of 1064 potato chips, 262 hot chips and 245 ripple chips reviewed by our at the time that the bullpen had a far better chance to hold the 3-run lead.
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The industry was also hit by a Semiconductor Industry Association report detailing stalled sales.
The issue of overproduction echoes earlier reports that chip companies were loading up on supplies in event of a trade disruption caused by war or the SARS epidemic.
Intel's mid-quarter update will be held Thursday after the bell.
The broader market gained Monday on a better than expected national manufacturing report.
The Nasdaq slipped 5 to 1590, the S&P 500 rose 3 to 967, and the Dow gained 47 to 8897. Volume declined to 1.67 billion shares on the NYSE, but rose to 2.53 billion on the Nasdaq. Advancers led 21-11 on the NYSE, and 17-15 on the Nasdaq. Upside volume was 66% on the NYSE, and 55% on the Nasdaq. New highs-new lows were 546-3 on the NYSE, and 361-8 on the Nasdaq. Top Stories::
enclosures will be used to contain lead dust and paint chips when the workers FREE DONUT Print Out These Valuable Coupons from Sip N Dip
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After the close, IBM announced an SEC investigation into the company's revenue recognition practices in 2000 and 2001. IBM stock fell 2 points on the news.
During the day, JD Edwards rose 6.6% on news that it will be acquired by PeopleSoft.
Cisco rose 2.4% on an optical deal with BellSouth, and Alcatel, up 1.3%, won a DSL contract with Verizon.
Nokia initially surged on strong wireless sales, but gave most of the gains back by the close.
Leaders like eBay and Yahoo got hit for 2-4% losses.
Microsoft rose fractionally on a number of server announcements.
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