http://www.thestandard.com./node/119465/comments comments feed. en http://www.thestandard.com./news/2008/10/06/apple-ebay-and-rim-more-6-monday-tech-selloff <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Technology stocks were badly hurt in Monday morning's selloff, with eBay, RIM and Apple stock down more than 6% within an hour of the market's open. </p> <p>Even Microsoft, which is sitting on a large cash hoard and has fared relatively well over the past three weeks, was down nearly 4%. </p> <p>The <a href="http://finance.yahoo.com/q?s=%5EQNET">Nasdaq's Internet Index was down more than 5%</a>, compared to the Nasdaq's overall drop of less than 4%:</p> <p><img src="/sites/thestandard.com/files/u158/100608_techstocks.jpg" align="middle" height="507" width="508" /> </p> <p><br clear="all" /> <p>Source: <a href="http://finance.google.com/finance">Google Finance </a></p> <p><b>More news, commentary, and predictions from <i>The Industry Standard</i>:</b></p> <ul> <li>Prediction: <b><a href="http://www.thestandard.com/predictions/zune-phone-announced-end-2008">Zune Phone announced by end of 2008?</a></b></li> <li>Prediction: <b><a href="http://www.thestandard.com/predictions/amd-becomes-takeover-target">AMD becomes takeover target</a></b></li> <li>Prediction: <b><a href="http://www.thestandard.com/predictions/apple-will-ship-10-million-iphones-2008">Apple will ship 10 million iPhones in 2008</a></b></li> <li><b><a href="http://www.thestandard.com/newsletter">Industry Standard Daily Newsletter Signup</a></b></li> </ul> http://www.thestandard.com./news/2008/10/06/apple-ebay-and-rim-more-6-monday-tech-selloff#comments Business &amp; Finance co:Apple co:eBay co:RIM stocks The Industry Standard Mon, 06 Oct 2008 07:22:16 -0700 Ian Lamont 119465 at http://www.thestandard.com.