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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: oldirtybastard who wrote (45496)	7/13/2002 8:04:20 PM
From: At_The_Ask	Respond to of 209892

Tech does tend to lead the way when it's rally time. I think the value shoppers are starting to very selectively pick through the wreckage of tech and look for survivors. Buffet's investment in L3 is one example. I think we are heading into a deflatioary era and technologies and businesses that create efficiencies and save capital do well in these times. The downside is of course more unemployment, but cash is king and being able to fire nonproductive people is a key to survival.