WALL STREET MUGGER
WALL STREET MUGGER
A trader was sitting in his mid-town Manhattan office Wednesday, marveling at what had happened the day before, when the Nasdaq plunged through the floor, and then bounced back. "We had charts up there that were perfect Vs," he said. "I have never seen anything like it."
Suppliers of messaging, transaction, and middleware software had to be near the bottom of that V, and somewhere up along the right leg of the recovery. Tibco Software’s stock price had been as high as $144 in March and started
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