NOT SO BAD: Although earning reports from tech industry bellwethers all featured some troubling signs, their performances indicate the technology sector is largely holding up, even as Europe’s debt crisis undercuts sales and threatens to topple a still-shaky U.S. economy into another recession.
BIG PERFORMERS: Many investors latched on to Intel, IBM, Microsoft and Google. All four of their stocks ended last week higher than they began.
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CAVEAT: The rally could still lose steam if other major technology companies flop in their upcoming earnings reports for the three months spanning from April through June.
