It will strengthen two companies that aren't particularly strong. The industry needs that consolidation to make them stronger against competing technologies.
More Quotes from Tim Ghriskey:I think there is a growing perception that the next move by the Fed could actually be to ease -- in other words, lower rates. Now, we're not going to see that certainly before the election, but we could see it late this year, early next year. I think as that perception might spread through the markets and become the consensus, we could actually see a rally in technology stocks,
Its valuation means it's priced for perfection and perfection was not delivered this quarter.
This is a company where management is still committed to spending earnings to stimulate future growth and market share. You are betting with management that their efforts are going to pay off. Is there any guarantee No.
While it's certainly an industry issue, we believe Ericsson is having a hard time competing in networks against competition. That appears to have led to a major shake up at the top,
The results were very impressive, especially given the market environment, ... Clearly the trading business made the quarter, helped by Spear Leeds, which obviously distorted it a little bit.
Techs have been underperformers during the month of December, especially the second half, so I think we're seeing some bargain hunting within technology.
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