Wednesday, June 1, 2011

Market gets creamed by Greece and Obama not being able to create Jobs

Nokia [NOK  6.70    -0.32  (-4.56%)   ] declined for a second day to a 13-year low after at least eight brokerages cut their price target on the stock. The mobile phone handset maker cut its sales outlook Tuesday and said it expects sales from its products and services to be far worse than initial projections.  Nokia is sinking so fast, I hope it manages to release some killer windows based phones soon...
Research In Motion [RIMM  40.44    -2.41  (-5.62%)   ] also slipped amid worries the Blackberry maker could be in a similar situation. Another device that is sinking...
Juniper [JNPR  33.40    -3.21  (-8.77%)   ] plunged after the CEO said the firm may see a negative impact from the Japanese earthquake.

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