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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (145348)	4/18/2002 2:36:39 PM
From: tejek	Respond to of 1573415

Ted, <Buying tech on a buy and hold basis has proven not to be very lucrative for some time now.> If by "long-term" you mean no longer than a couple of years, I'd agree. But I'd say there is still a lot of steam in high-tech, and we're nowhere near the point where technology ceases to advance. For example, did the Internet implode with the implosion of the dot-comms? Of course not. Tenchusatsu, I agree there is more growth left; however, I think the easy growth is over and tech will it have harder coming by the next growth phase. I think that's why some are saying that most tech companies are now a part of a cyclical business in which growth will ebb and flow. That means the stock prices also will ebb and flow, making a long term hold not nearly as lucrative as it was in the 90's. ted