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Technology Stocks : Vanteck (vrb-cdnx, vttcf)

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From: thaidiamond1/25/2008 1:23:30 AM
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The challenge, says MacMurray Whale, an alternative energy analyst with Cormark Securities in Toronto, is to distinguish between good businesses that will pay off over the long haul and good stocks that rise quickly on a promise and fall just as fast when they fail to deliver.

He says "the more experienced investor might want to pick a few leaders in the sector and hang tight. If you're keen on sticking with Canadian stocks, however, he warns against picking pure technology companies that have failed to demonstrate a path to earnings.

"I just don't think many of the Canadian companies are going to be competitive," says Whale, pointing to disappointing performances and missteps from flow-battery maker VRB Power, hybrid-locomotive supplier Railpower and even solar-LED company Carmanah Technologies.

Full story here: thestar.com
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