Shares in Dell Computer led the fallers after downbeat comments from Daniel Niles, a top-rated analyst at BancBoston Robertson Stephens. Dell dragged other computer stocks lower. "That's where the bubble in the market is", said one trader.
US STOCKS fell, led by computer stocks, following a series of gloomy analyst predictions. The Dow Jones Industrial Average slipped 15.45 points to 9348.01 in early trade, while the Nasdaq Composite Index fell 45.84 to 2359.71.