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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: SBerglowe who wrote (10978)7/6/2000 1:05:56 PM
From: Return to Sender  Read Replies (1) of 13157
 
Good volume today. Sellers were met nicely by buyers.

One of the things I do is follow sector rotation. Earlier this year Biotech was all the rage, before that anything B2B and before that anything Linux.

You could have picked any stock in any one of those groups when they were hot they would fly just on the usage of a buzzword in a press release. One of these days IATV will benefit from being associated with a hot growth area as well. However at the present time there simply is not much that has held up all that well. Any stock that has has done well has done well on its own merits and would probably have been much higher 5 months ago.

Oil prices are going to come down. Energy stocks will fall. Semiconductors will reach the end phase of another cycle shortly too. In my opinion Mr. Greenspan will find that he needs to lower interest rates before the year is out.

Anyway, the point is that you cannot discuss any stock as if it moves independent of the market, interest rates or economic cycles.

I don't know when IATV will rise but I do believe that for now the stock is fairly valued and once Mr. Greenspan realizes there never was much real inflation to deal with then we can back to being overly exuberant about IATV and just about any other stock we want to talk about associated with new and innovative technology.

RTS
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