Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Catcher who wrote (3533)	11/23/1999 8:28:00 PM
From: Art Bechhoefer	Respond to of 13582

Since there doesn't appear to be any specific bad news that would cause the stock to drop, and since many other tech stocks were weak as well, the drop may be due to the latest data on durable goods, which showed weakness in demand for electrical and electronic goods. Of course, the data are so course that they don't differentiate between computers, telecommunications, semiconductors, etc. And many portfolio managers are content to make specific buy/sell decisions on the broader data, even when it may not apply to a specific stock. Well, it just creates another buying opportunity for those who have long term horizons.