We're positive on tech ordspråk

We're positive on tech. We think the worst is over and with the declines we've seen - assuming the Fed doesn't tighten more than we think they're going to - we think the higher P/E tech stocks will be fine.

All three major tech stocks that reported after the bell yesterday beat estimates and raised guidance, and were certainly a positive shot in the arm for tech investors.

Michael Sheldon

People are moving away from tech and moving toward more attractive valuations -- I would regard that as a positive sign because investors are at least staying in the stock market. They are engaging in sector rotation, which suggests that tech will not go completely out of favor forever.

The last two days no one wanted tech; they wanted the Dow. Today they want tech. I think it's very characteristic of this volatility in the market. Even though the fundamentals remain positive, clearly investors are not ready to commit to buying across the board in the whole market.

Tech Industry job losses in New York slowed dramatically in 2004. We are seeing positive indicators for the future. With tech exports up and venture capital soaring by 47 percent in the Empire State, we believe we will see growth in the high paying jobs that will drive the state's economy in the future.

We're positive on tech,

It's been a very positive quarter so far for tech pre-announcements.

We need dollars being spent again, ... Most recessions always end because the consumer turns. I think a lot of it is going to be in the tech sector and the tech recovery. Most companies weren't spending on tech as they've been just desperately trying to make their quarterly numbers.

[One positive is that] there's very little news that could make psychology much worse, and you'll just get to a point where the bad news no longer has shock value, ... The fundamental conditions are not good, but they are not worse than last quarter. We won't have that disappointing a quarter. The growth of tech is about to turn positive.

They had an opportunity to get tech really rocking if they said something positive, but instead, they guided lower.

There may be a bit of a slowdown now, but long-term, (tech trends are) extremely positive.

If you look at just earnings, it paints a positive picture for tech, ... But investors have other concerns.

The Lehman upgrade of Cisco will have an initial positive impact on the tech sector.

It's the same problems we've been seeing. All the tech news out today (Wednesday) isn't that bad, really, it's just also not good, ... So again, there is just no motivation to buy, no positive catalyst.

Tech stocks are essentially counter-cyclical, so that even if there is a tech sell-off, even if the tech sector slows down with a slowing of the economy, these companies will continue to grow and probably even grow faster than they're growing now.

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