Nominations Open for Channel Insider 2009 Bull’s Eye Awards
Nominations are now open for the Channel Insider 2009 Bull’s Eye Awards, which recognize excellence in customer service, technology prowess, business acumen, channel leadership, communications and community building, and innovation among vendors, solution providers, distributors and channel services companies.
Despite optimistic outlooks from leading technology vendors, tech stocks offer no safe haven for wary investors seeking relief in the free-falling market. Fifty of the leading publicly traded tech vendors and distributors lose ground in Sept. 29's record-breaking sell-off.
Monday, Sept. 29, 2008, will go down in the record books as one of the worst
trading days in the history of the U.S.
stock market. After the House of Representative failed to pass the massive $700
billion financial system bailout package, investors pulled their money out of
the market by the billions of dollars.
While the technology sector remains relatively healthy, tech vendors were not
immune to the ravages of the free-falling market. Overall, the technology
sector lost 8.9 percent of its combined value. All 50 of the leading publicly
traded technology vendors and distributors monitored by Channel Insider
suffered losses in trading. No technology sector or vendor type escaped the
sell-off.
For how your vendor fared in Monday's
trading, see below.
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