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 : C-Cube
CUBE 35.84+1.4%12:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Rieman who wrote (30429)3/6/1998 4:55:00 PM
From: Scotsman  Read Replies (1) of 50808
 
Index funds are a possible big driver here. Once again, if Compaq is part of an index fund, earnings don't mean much. If money continues to flow into the index fund, the manager HAS to buy Compaq in proportion to the index. So it keeps going up, or at least its downside is limited.

Also most long term investors realize that this is probably going to be a lousy quarter for the techs, if not for the overall market, and look at this as a buying oppertunity. They aren't traders, so 9 month swings don't make much of a dent to them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News