Down Day For Apple, Thanks To Compaq!

Toda y didn't start well on Wall Street and then got worse, at least for the so-called "box makers." Salomon Smith Barney, in an unusually strong move, downgraded Compaq and lowered its price target from $45 to $25, three bucks below where CPQ began the day. Naturally, the whole hardware sector got whacked as fickle investors practiced shoot-first-ask-questions-later portfolio management. Apple gave back some recent gains

Check It Out: Down Day For Apple, Thanks To Compaq!