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Software Stocks Plunge Late Tuesday

Software stocks were hit hard late Tuesday as the Nasdaq-100 After Hours Indicator tracked some heavy stock drops. Secure Computing, Ascential, and Kana each plunged with the early warning from earnings shortfalls. This was not a total surprise thanks to the spike in oil prices in addition to the poor expected earnings from each company.

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Gadgets, Video - Oct 1, 2008

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