Pretty much all of the tech sector took a beating this week. My MicroShaft stock is down ~$4/share as well
... And I was actually looking to sell it lol
You can't help but go anywhere and ask a retailer why his bag of chips is 50 cents more than it was 2 months ago. He'll tell you his supplier is adding on fuel surcharges to everything. From there it just escalates.
The gentleman with the long diatribe up there pointed out he thinks we are looking at going into a depression. I beg to differ. Unlike the 30s, the larger banks have plenty of money having sold junk bonds and the Mortgage boom loans to investors from all over the world. It's in their hands right now and I just think they are treading lightly for fear of a similar boom like the bad lending market from a few years back.
I don't want to get into a big public political debate, but if Obama gets in, we will get nearer to the 30s. We need government to step out of it for a bit, bring our troops home w/o jeopardizing the positives to what's already been done in the Middle East and then keep our money in this country. We have enough famine and suffering here that needs to be addressed first!
Sorry, I did go a little bit off topic!