America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Marvin Mansky who wrote (37732)	1/15/2000 6:13:00 PM
From: KY	Read Replies (1) of 41369

Marvin, Every time techs run up a bit, then start correcting, you always hear folks saying that "money is going to start flowing out of tech into undervalued stocks, will be a down market for techs, blah, blah, blah." It may happen to a degree over the short term, but investors will return right back to techs. We may see a little sector rotation, but after tech "rests" a bit, the same stocks that ran up will see money flowing in them again. That's where the earnings and growth stories are. And buying QCOM here isn't the worst thing in the world....down 60 points from its high. KY

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