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Technology Stocks : ATI Technologies in 1997 (T.ATY)
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To: Sleeperz who wrote (3822)7/28/1999 2:19:00 PM
From: Sleeperz  Read Replies (1) of 5927
 
OT TSE.
Today the TSE 300 +100+ points mostly from moves in Nortel $135 +8
and BCE $74.5 +3.00

If you just invested in resource stocks you would have missed a big
move in the Canadian market. I suspect Goldman just wanted to take
profits in stocks that had already double or tripled already. Just
like a broker, they recommend stocks after all the easy money has been made.

For Canadians only though or Invest in a Canadian Index. It is not
the resource stocks that mov the Canadian market they are just icing
on the cake. Its Nortel and BCE and the Financial stocks that have
carried the CAnadian market to date. But are now taking a breather.
Once Interest rates bottom out and the Internet hype dies down the
Telcomm and Financial stocks will once again move the market.
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