Mikkel Beck
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Junior Boarder
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Technology under pressure…??? - 2008/11/12 22:34
Hi
Best Buy Co. lowered its fiscal 2009 guidance today because of a fast-paced meltdown in consumer spending since the end of summer.
The Minneapolis-based consumer-electronics retailer cut its full-year outlook through Feb. 28 to a range of $2.30 to $2.90 a share, from a prior range of $3.25 to $3.40 a share.
Do you think this bad news will impact the share price of the Technology companies??
Thanks
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