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THE REAL MOST ACTIVE Chipmakers' Dim Forecasts Send Techs Plunging.(B)
Byline: DAVID SAITO-CHUNG
The Nasdaq tumbled 3.9% Tuesday on heavier volume. The Nasdaq 100 sank 4.5%.
Semiconductor shares fell hard after KLA-Tencor's CFO reportedly said he sees fiscal first-quarter orders flat to down 15%. Silicon Laboratories, whose mixed-signal chips go into cell phones, cable set-top boxes and fax machines, fell 1.99 to 20.60 on nearly twice its 50-day average trade. The stock went public at the tech bubble's peak of March 2000 at $31 a share.
Molex lost 1.44 to 24.03 on intense trade. The maker of electronic and fiber-optic interconnection systems has suffered sinking profit and sales for five straight quarters.
The tech slide also snagged recent small- and micro-cap winners in the space. Neoware Systems, which makes thin-client server systems to help companies reduce their IT costs, fell for the third straight session on above-average volume, down 1.02 to 16.80. It's still sharply above its 50-day moving average and up 66% since clearing a nine-week base.
J2 Global Communications, which rebounded back to its 50-day moving average on Friday, gave back those ...
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