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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?


To: Kory who wrote (6455)8/11/1998 6:26:00 PM
From: yard_man  Read Replies (1) | Respond to of 8002
 
I think it is simply indicative of where we are, Kory. There are select groups of stocks that are being held up (no conspiracy here) by people who believe for one reason or another that they are "safe." A select number of NAZ and NYSE stocks are in this category for now.

You can cling to that idea and invest based on it if you want to. I think if you begin to look around and consider where we were only two months ago -- you will see that the circle was a little wider (see banks, see airlines). Put all your money in GTW, DELL, MSFT, CSCO, LU, KO, IBM and the rest of 'em if it makes you feel safe. These may hold up the longest ... then again ...

Investors in the height of this bubble don't care about growth rates, or earnings prospects at this time, but perhaps they may begin looking at these things again soon ... Who knows

Good luck