Google falls by $12 as West goes red

Google (GOOG) fell by $11.62 (2.28%), Intel (INTC) by 46 cents (2%) and AMD (AMD) was down 29 cents (2.43%).

Minnow Transmeta (TMTA) fell by 17 per cent and traded at 40 cents while Rambus (RMBS) was down five per cent or so at $12.40 right now. British company ARM hasn't done that well today either. It fell by over 5.33 per cent, but its share price is obviously measured in pounds, shillings and pence.

There's a pattern here, isn't there?

As the stock markets fell by around two per cent worldwide, the normal fluctuations in stock continued based on their future prospects.

HPQ fell by nearly three per cent but if it cares about hacks suing it, I'd be very surprised. It is insoucient and apparently wears white high heel shoes described as "ethics".

IBM fell by three per cent but that is probably because the Justice Department told it to cough up millions of dollars to defray arguments about kickbacks.

Therefore, given the anxieties about credit and the rest, the situation remains kind of as normal. µ

PS Thanks to all readers who sent congratulations on news of my proposed wedding to Adamson Rust in Barcelona in early September. Adamson will be wearing a lovely suit, designed by Eva von Glass out of Innsbruck. I will not reveal what I will be wearing because I want to surprise everyone.