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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: nokomis who wrote (96100)5/4/2000 12:12:00 PM
From: Lane Hall-Witt  Read Replies (1) of 120523
 
Thanks, nok! I'll take a look at BBSW. Right now, I'm pretty focused on established companies with profits, but this is certainly an interesting business. For what it's worth, at this point I actually see heavy institutional ownership as a minus -- especially for more speculative companies. The problem is that big money has been dumping techs over the past six weeks, and I don't see that pattern reversing yet. The fundies are creating a lot of overhang right now for many, many tech stocks. That'll change, but I'm not too eager at this point to be on the opposite side of the big money.
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