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Politics : High Tolerance Plasticity
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To: quehubo who wrote (15298)7/19/2002 11:13:37 PM
From: Warpfactor  Read Replies (1) of 23153
 
Que,

I've made it pretty clear in the past that I like tech stocks off the bottom of major plunges, because they reverse hard and fast and money can be made.

Other than that, I have no interest at this time to buy and hold techs for 12 months. I do not think we are in a B and H environment right now.

But to defend tech companies - many have spotless balance sheet with zero LT debt. They make stuff, they sell stuff. Many of the SOX have been through peaks and troughs all through their existence, storing nuts for the hard times and cutting costs during those troughs.

Your statement seems to associate the KLACs, AMATs, CYs, COMSs of the world with ENE, WCOM, ADLAE, et. al.
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