EDS - Recent pullback a buy opportunity??? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EDS - Recent pullback a buy opportunity???

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bcroyle who wrote (1389)	3/2/1999 11:26:00 AM
From: bcroyle	of 1841

Dow Jones Newswires NEW YORK -- Despite lower earnings expectations for technology companies including Compaq Computer Corp. (CPQ), it's not the end for technology stocks - just the beginning of a reality check, according to Richard Cripps, chief market strategist Legg Mason Wood Walker. "It's clearly an area that's just coming down to reality," Cripps told CNBC Monday. Cripps added he doesn't expect technology to drive the market in the near term. He also urged investors to wait for a possible pull-back before buying. Technology aside, Cripps said he likes the property and casualty industry, including Allstate Corp. (ALL). His other stock picks were Wells Fargo & Co. (WFC), AlliedSignal Inc. (ALD), Caterpillar Inc. (CAT) and Electronic Data Systems (EDS).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next