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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (278342)2/27/2004 11:13:22 AM
From: MythMan  Read Replies (1) of 436258
 
RealCommentary from TheStreet.com
Tech Stocks' Selling Squall Passes
Friday February 27, 11:02 am ET

By Thomas Kurlak, Special to RealMoney.com

I'm glad that's over!

The tech selloff of the past four weeks appeared to reach a climax Monday when Intel (NasdaqNM:INTC - News), for example, hit $28.65 on big volume. Tech stocks in general -- and semiconductor stocks in particular -- suffer from frequent selling squalls that can get nasty. Because investors aren't often that comfortable with these stocks due to hard-to-understand product technologies and volatile supply/demand metrics, they can get shaken out of positions, especially following big gains.
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