adrenaline rush

Tech Sector Up; Yahoo Running Out of Options?

DaniWeb IT Discussion Community (Featured Entries)  Thu, 04/10/2008 - 17:13

The roller coaster ride for tech stocks grew even wilder today, but in a good, adrenaline-rush kind of way.

The news is mostly all good, with Banc of America Securities issuing a report that boosted semiconductor companies, stating that "a modest inventory build-up has eased".

That's all investors needed to know, as shares of tech stocks rose en masse, with Intel, up 4% after the Banc of America news hit the trading floor, and Apple the big winners.

The tech sector was also buoyed by a JP Morgan analyst report that upgraded Apple's profit forecasts. That shot Apple's stock up 2%.

Overall,...