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 : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sonny Blue who wrote (11048)6/11/1998 12:44:00 AM
From: Bill Harmond  Read Replies (1) of 27307
 
Bonds are a good bet, and as long as overseas money keeps coming into the US dollar for safety, US Treasury bonds are the instrument of choice. They are a good value vs the inflation rate, they have replaced gold as the world's reserve currency (they are essentially US currency that pays interest) and they are absolutely secure.

But...unless the US banking system is threatened by the unraveling in Asia and Russia, I think the Internet stocks can hold their own, even appreciate during this crisis. Interest rates are going lower. The US cable, entertainment and retail sectors are very strong here. Gap Stores, K-Mart, Walmart, Home Depot and Amazon all made new closing highs today...in very spectacular fashion. Disney was strong. AOL was strong.

The export manufacturers are vulnerable, and electronic component manufacturers (and their suppliers) are sitting ducks. But I think that the on-line content and commerce providers are the new technology leadership...together with computer service, telecom service and some software stocks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext