1. Nicht umsonst erwaehnte ich heute SOX und verwies auf den sell off vom Freitag hin
2.Smith Barney has downgraded Adobe Systems (ADBE 35.29 -2.00) to Underperform from In-line, Goldman Sachs has downgraded QLogic (QLGC 49.19 -1.84) to Underperform from In-line, and CSFB has downgraded Masco (MAS 24.40 -0.70) to Neutral from Outperform -- all, in part, to valuation reasons...
3. Freddie Mac (NYSE:FRE - News) came under intense pressure, falling a heady 15 percent, after it let go of top executives when realizing it had underreported earnings in the 2000 through 2002 period. The government-sponsored enterprise announced the retirement of its chairman and chief executive, the resignation of its chief financial officer and the termination of its chief operating officer
Fellow mortgage lender Fannie Mae gave up 4.3 percent.
Motorola war nur ein Teil von den NEWS.
Stox Dude