Apple NOT the Star

I've been "oohing" and "aahing" over Apple all week. Investors agreed with me, forecasting a strong upcoming quarter for the tech giant. But Apple has lower expectations; their forecast was significantly lower than Wall Street's, and Apple took a hard fall to $89.07 (a 6.2% decrease - ouch!). But Apple wasn't the only tech stock that's doing sommersaults. The Nasdaq took the hardest hit today, falling over 1%. Thankfully, analysts are calling this a "short-term correction." Whew! GE is expanding into the health care department with their acquistion of two diagnostic businesses from Abbott Labs. And Merrill Lynch boosted its net income a whopping 68%. Last, and very saddly, the North American chief of Ford is giving up his much-criticized free use of a company plane to fly home on weekends. I just hate it when that happens... DJIA: -9.22 Nasdaq: -36.21 S&P 500: -4.25