Tech stocks - Thursday, January 18, 2007
The Week In Tech Stocks
It was a typical whip lash week for tech stocks as we saw some first earnings reports.
tech:stocker opinion
+ We added online commercial real estate marketplace LoopNet to our virtual portfolio.
+ We banished Netflix from investment consideration. The stock was up a bit on news of its movies on demand service.
Earnings Reports
+ Apple drove the market nuts with a killer revenue report but lowerered expecations. This drove the stock down but some analysts call Apple's CFO overly conservative.
+ AMD is a buzz crusher. Advanced Micro Devices shares fell 12% on weak earnings report - blame price war with Intel. Intel shares also fell after its earnings report came in, but Intel fared much better than AMD.
Analyst Expectations
+ Citi Lifts EA to buy as revenue miss priced in.
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