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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (36403)1/2/2000 6:07:00 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
lee:

Re: Tech stocks and who might eat their lunch.

Some have suggested the Asians might to the same thing to US tech stocks that they did to the US auto industry in the 1960. The idea being that global sales of tech products will continue to surge, but the US may lose a lot of market share in the years ahead.

SONY could be be signalling future trends as they are the leader in convergence technology. The stock jumped about 400% last year -- a respectable showing even by NASDAQ standards.