Johnson & Johnson fell 13.7 percent after the news regarding the investigation of one of its plants in Puerto Rico which has been to some sort of ilness and Microsoft fell 2 percent and Sun predicted a loss for the current quarter and its stock fell around 25%.
So, what will happen next week? The analysts predicted a worse week ahead, which may lead to a real market collapse. What happens is the investors (and people) will take their money out of the unreliable market after they see the bad news, a lot of stock in the market and the stock fall again, and it leads to people taking more money out of the mutual funds and the story goes on..
Going back to continue working on my stuff from home now!
Fri Jul 19, 2002 (11:54 PM) | Permalink | Keep Reading