If you think about what has really led the Nasdaq for the past six months, ... the answer has been exceptional growth rates. If you're a company with these phenomenal growth rates, your stock has gone to the moon if you actually make money, you've languished. That's been a reversal, and that is good for right now. So if you look at areas such as semiconductors, enterprise hardware, software and wireless I think these types of companies are all going to all deliver strong earnings.
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Lycos needs to be bought because other suitors will have to pay a higher premium,Andrew Barrett
The fundamental picture is still strong. No one has said technology is dead.
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Institutions and the smart money out there has been owning a lot of these higher PE stocks, to participate in the good earnings, and they've been getting the good earnings. But the problem is that the stocks haven't been running up into those earnings. So they're not getting paid for that higher PE risk.
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The Internet, ... is the place to be, especially on the retail side in the fourth quarter.
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Internet companies tend to do extremely well during earnings season because most of them aren't earnings stories yet,
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Window dressing is out they are furnishing the entire house. Everyone wants to own the best performing stocks over the last quarter.
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Based on Topics: Money & Wealth Quotes, Past QuotesBased on Keywords: languished, nasdaq, reversal, semiconductors
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