Technology shares tumble in market meltdown | AccountingWEB

Technology shares tumble in market meltdown

The global economic meltdown filtered through to the technology industry with a 20% fall in the IT-heavy NASDAQ index last week. John Stokdyk reports.

Just before Black Friday struck, German ERP software giant SAP issued a trading statement warning that its sales would fail to hit forecasts because customers were putting orders on hold as a result of the growing financial crisis.


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