(COMTEX) B: McGehee Report Editor Discusses Technology Sector On Audi
B: McGehee Report Editor Discusses Technology Sector On AudioInvestor.Com
DALLAS, Oct 5, 1999 (BUSINESS WIRE) -- Stewart McGehee of the McGehee
Report focuses on growth investing, looking for sectors of the economy
that are quickly expanding. He reviews the historical financial
performance of companies and industry sectors to identify areas that he
thinks are attractive. Because of his focus on growth, he finds that
often he ends up in one of three sectors - technology, medical
technology, or financial services.
McGehee thinks that many technology companies will post good earnings
next quarter due to strong business trends, and he thinks that the Year
2000 issue will cause few long term problems for the economy. He likes
the outlook for the biotechnology sector, and looks for companies with
at least one strong product on the market or ones with a very strong
product pipeline.
In a recent interview McGehee discusses the outlook for the technology
sector, the Year 2000 issue, and the following companies: Biogen
(NASDAQ: BGEN), Immunex (NASDAQ: IMNX), Human Genome Sciences (NASDAQ:
HGSI), Medtronic (NYSE: MDT), Cytyc (NASDAQ: CYTC), Dell Computer
(NASDAQ: DELL), Schwab (NYSE: SCH), Microsoft (NASDAQ: MSFT), Oracle
(NASDAQ: ORCL), Legato Systems (NASDAQ: LGTO), MRV Communications
(NASDAQ: MRVC), Extreme Networks (NASDAQ: EXTK), CMGI (NASDAQ: CMGI),
Excite@Home (NASDAQ: ATHM), US Web (NASDAQ: USWB) and Spyglass (NASDAQ:
SPYG).
The interview with Stewart McGehee, and summary of his comments, are
now available for replay or review at AudioInvestor.Com Web site.
Interested parties should go to theaudioinvestor.com.
AudioInvestor.Com is an Internet educational broadcasting company
carrying interviews on economic, investment, legal, and managerial
issues, and with its media partners helps organizations deliver their
message to a worldwide audience.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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INDUSTRY CODE: COMED
COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET
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