I think these analysts should be reading this thread more. So they can wake-up earlier. -g-
<<"The manufacturing sector is on the border of an Asia-related recession," Mr. Sherlund said in an interview Monday. If manufacturers, who account for about 20% of technology spending, cut back, along with technology cutbacks by financial-services firms, which contribute 25% of technology spending, demand could begin to fall off, Mr. Sherlund explained. He predicted that as early as the first half of 1999, government data could begin to show a drop in the growth rate for technology spending.>>
Since when Mr. HotDog has become such a vocal bull?
<<As painful as that message was Monday for technology investors, however, some market pundits saw a ray of sunshine for the broader market. "I think we're completing unfinished business," said Morgan Stanley strategist Byron Wien. "The large-cap technology stocks were the only part of the market that hadn't really suffered. Now, they're suffering. Hopefully, it's a sign that we're at the end of the market's downturn," he said.>>
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