TECH STOCKS: Bin Laden Tape Pulls Stocks DownTECH STOCKS: Bin Laden Tape Pulls Stocks Down

The denizens of Wall Street continued to sell Wednesday. Some blamed steep declines on the broadcast of an apparently recent video of Osama bin Laden.

Even positive earnings guidance from chipmakers Texas Instruments (TXN) (down 7.5%, or $1.90, to $23.42) and Xilinx (XLNX) (down 5.6%, or $1.81, to $30.29) couldn't stop the selling. The Nasdaq-100 tracking stock fell 2.5%, or 87 cents, to $33.22, on tremendous volume of 109.5 million shares.

Motorola fell 4.5%, or 51 cents, to $10.69; Intel fell 3.9%, or $1.13, to $27.66; Oracle fell 3.8%, or 51 cents, to $12.85; Computer Associates fell 3.1%, or 84 cents, to $26.43; Microsoft fell 2.9%, or 82 cents, to $27.55; and Cisco Systems fell 1.5%, or 32 cents, to $20.46.

As a consequence, our indexes road some rough bark. Our information 100 fell 4.6%, or 13.47 points, to 280.16, and the Nasdaq Composite index fell 2.6%, or 49.55 points, to 1,823.88. Less-tech heavy indexes also finished down. The Dow fell 0.9%, or 86.74 points, to 9,420.46, and the S&P 500 fell 1.2%, or 12.24 points, to 1,010.93.