| Network software maker Novell, Inc. announced
on Tuesday that it will lay off 16% of its workforce, leading
investors to dump its stock, and helping to drop the Mormon Stock
Indexx 3.23% for the shortened week. Other high-tech stocks in the
index, including Caldera Systems, Corvis and Myriad Genetics were
also off more than 10% as the broader stock market took a downturn
and the high-tech-heavy Nasdaq dropped more than 6%. |
