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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (455)	3/6/2002 10:59:09 AM
From: Sultan	Read Replies (1) \| Respond to of 1590

Define Tech Dave.. Since DMC is in software business, data backup and recovery, transformation etc., I consider it a bread and butter tech.. Nevertheless, lots of uncertainty in techs for sure.. But there have been some notable winners since Sept. lows as well.. such as CSN.TO ATY.TO

To: Canuck Dave who wrote (455)	3/6/2002 11:26:34 AM
From: vds4	Read Replies (1) \| Respond to of 1590

while i am blown away by how well you are doing, i would like to comment on "the crap shoot". tech stocks are getting slammed, but i think the bigger picture is not what field to invest in based on sector, rather to invest in what you know. oil and gold are two big no-no's for me. Given my limited knowledge in the terms, the costs, test results, earning potentials, laws, etc... i can not honestly comment on most of the information or PR's as to their worth. I would have to rely on others to tell my why something is good news or bad. In my case, the biotech and tech stocks make sense. I can see the development paths and interpret the potential as i see fit with some assurance. (although i am often surprised at the market reactions) while these fields are pretty volatile, i think that many investors plunk into techs with little or no experience... a scenario much like the one i described for oil and gold for me. Investing based on other people's interpretation of news and numbers. Most of them never look at the balance sheets. maybe i am just old school. martin that being said, you are still kicking my ass here.