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Technology Stocks : All About Sun Microsystems

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To: Elroy who wrote (59312)	3/9/2004 10:50:41 AM
From: Lizzie Tudor	Read Replies (1) of 64865

US tech stocks get over half their revenues from outside the US, so there! Yeah so though? This is the Larry Kudlow anomaly. Stocks are a supply and demand deal. It doesn't matter how profitable Oracle is selling software to india. INDIANS are not key buyers of Oracle STOCK, americans are. American companies will continue to get more and more profitable but the USA economy is getting weaker and weaker. Not a good climate for stocks of any kind. One exception might be Ericy or another Euro company that trades on a US exchange, then you are playing the dollar collapse. In that case Europeans are creating the demand for Ericy stock. Is CMVT a European company that trades on the FTSE or somewhere? Because if the stock is traded mostly here I doubt their profits matter. Seriously.

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