Last modified: April 17, 2000 9:15 AM PDT
Market turmoil reaches overseas
There's plenty of pain to go around as technology companies take a whipping on Wall Street. Formerly high-flying Linux firms have sunk below their IPO prices, and many scheduled IPOs have put the brakes on their public plans.
"For every (IPO) that goes through the roof, 10 fail."
- Ed Archer, vice president of Pearl Meyer & Partners
Wall Street slump hits stocks in Europe, Asia
Global stock markets tumble further, with Asian markets posting some of the steepest single-day losses ever and sharp falls in Europe adding to the pain of Friday's slump.
Analysts, Clinton: Street sell-offs won't spur crash
Market may slow Silicon Valley housing boom
Linux stocks sink under IPO prices
Market turmoil makes IPO future uncertain
High-tech CEOs chalk up large paper losses
Markets plunge in frenzied sell-off
Internet services take tech sector downhill
Employees may demand cash as stocks sink