SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kensusman who wrote (56)4/30/2001 9:33:45 PM
From: Sergio H  Read Replies (1) of 3386
 
<investors will again sell tech stocks, and especially story stocks without any revenue whatsoever>

Ken, that's the way I'm playing it. I agree that techs remain overpriced. I've been buying mostly defense, energy and food stocks, but I'm watching charts very carefully (in particular the SOX) in case I am wrong, because there is a chance that the market will once again become over euphoric in response to the Fed's loosening on interest rates.

In short, stocks particularly techs, are overvalued right now, but there's a good chance that the market will ignore that in the near future.

Sergio
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext