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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (931)5/7/1997 10:20:00 AM
From: Sparky65   of 2754
 
Kent, I agree. I can't imagine being out of techs right now. The Nasdaq was down almost 15% until recently. Clearly with what is happening right now (Balanced budget, Capital Gains tax cut, low unemployment, etc...) I believe we will see at least another couple of years of strong growth.

As for the small cap stocks. They have historically outperformed all other sectors. It is also has been the most underperforming sector of late (Of course, until recently). The old theory of buy low and sell high fits this sector. The time to buy was a couple of weeks ago and still is. The Nasdaq is still not up to what it was at the beginning of the year. But on the other hand the dow has corrected and moved to new highs. With the tax cuts coming and a strong economy, I firmly believe that the small cap, especially the tech sector will be the place to be for the next year and probably two.

Of course, your listening to a guy who thought FSI would do squat until after this quarter is over. Today it's at $15! As usual I am wrong again and I can guarantee you that I will be making no more prodictions on this stock!
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