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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (59314)3/9/2004 11:06:18 AM
From: Lizzie Tudor  Respond to of 64865
 
All S&P 500 companies are incorporated in the US.

Really? Anybody know this for sure? BOBJY, business objects, I could have sworn was a euro company, trading on the US exchange. I don't know of bobjy is an ADR, or what. (don't really follow the company). My thinking was Ericy was the same deal, its almost as if the "Y" means a euro company.

Yes there are always some stocks that go up even in the most brutal of markets. But let me just reiterate the shocks this market and specifically tech stocks will have to endure:

1. Oil shock, Venezuela civil war and threatening to cut off US, we are already at new highs on gas here in CA. Some pundits say as high as $3 coming.
2. No job growth. Challenger Gray and Christmas says no job growth ever (in terms of meaningful numbers) in this recovery, I agree. New job listings on hotjobs are actually GOING DOWN.
3. Some economists think this expansion is almost over. I agree.
4. Dollar crash - another 30% minimum according to CNBC
5. Trade war with China or else we are going to lose every industry in the midwest and south.

There you have it!

Things are more screwed up than I have ever seen in my lifetime on the economic front.