SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ASML Holding NV -- Ignore unavailable to you. Want to Upgrade?


To: niek who wrote (1194)8/15/2006 10:36:35 AM
From: niek  Read Replies (1) | Respond to of 42831
 
08/15/2006

From Bloomberg, 1 hour ago:

Europe's technology stocks are set to ``rally in a big way'' because prices don't reflect industry growth prospects, Morgan Stanley wrote in a research note yesterday.

`Too Bearish'

``Investors have become too bearish on the economic cycle,'' Teun Draaisma, Morgan Stanley's head of European equity strategy in London, said in a telephone interview today. ``None of the indicators I look at suggests we're heading for a recession. For sector overall, prospects for growth are good.''

Stocks include ASML, IFX and STM.