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.
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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.