Monday, February 2, 2009

High Tech Will Save Us! (Musical Tribute)

Hitachi, NEC Fall to Lowest in Decades on Forecasts (Update2)

Hitachi plunged a record 17 percent to close at a 28 1/2- year low of 244 yen on the Tokyo Stock Exchange, according to data compiled by Bloomberg stretching back to 1974. NEC, Japan’s largest maker of personal computers, fell 5.7 percent to 231 yen, a level not seen since September 1978. The benchmark Nikkei 225 Stock Average lost 1.5 percent.

1978? What a year!

Take a Chance on Me
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2 comments:

  1. AnonymousFebruary 2, 2009 at 1:52 PM

    Stag,

    I'm having serious doubt about exponential growth. I'm not sure we need log charts anymore:

    http://finance.yahoo.com/echarts?s=GE#chart8:symbol=ge;range=my;compare=tyc+dow+ibm+cat;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined

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  2. Stagflationary MarkFebruary 2, 2009 at 2:43 PM

    mab,

    I'm having serious doubt about exponential growth. I'm not sure we need log charts anymore:

    The log charts were automated years ago and those people already lost their jobs. So what's your point?

    Gallows humor. Sigh.

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