How the mighty have fallen.The shrinkage trend is brutal and getting worse.Single digits look likely this year, maybe soon.
"The Dow Jones industrial average tumbled 251 points to its lowest close since May 7, 1997, while the Standard & Poor's 500 index logged its lowest finish since April 11, 1997."how ALL of the mighty have fallen.
Is this a good news or bad?
Yes and no. (If ya can get in at a low enough price, just Intel's dividend makes it worth having, even if Intel stagnates for 3 years.) But buying at say, $18 bucks, then having it drop to $9.50 and hang there for three years would definitely suck.
Of course bad news, when business and individuals are not buying new PCs!