Stocks Plummet, but Tech Shares Fall Even Faster

After today we are hard-pressed for silver linings, but we'll try anyway: At least we can stop pretending that the financial meltdown won't scorch the tech industry.

The NASDAQ did worse than the Dow, and tech stocks -- the NASDAQ computer and telecom indices -- did even worse, losing about 10% each. Specifically:

Akamai (AKAM) dropped $1.50, or 9.2%
Amazon (AMZN) dropped $7.35, or 10.4%
Apple (AAPL) dropped $22.98, or 17.9%, after two downgrades
Cisco (CSCO) dropped $2.03, or 8.5%
Dell (DELL) dropped $1.59, or 9.4%
eBay (EBAY) dropped $2.62, or 11.6%
Google (GOOG) dropped $50.04, or 11.6%, to $381 -- its first trip below $400 in two years
HP (HPQ) dropped $1.59, or 9.4%
IBM (IBM) dropped $4.96, or 4.2%
Intel (INTC) dropped $1.93, or 10.0%
Microsoft (MSFT) dropped $2.39, or 8.7%
Oracle (ORCL) dropped $1.85, or 9.0%
Yahoo (YHOO) dropped $2.04, or 10.8%

Stocks Plummet, But Tech Shares Fall Even Faster