A solid Nasdaq is ordsprog
A solid Nasdaq is inviting buying in battered high-tech issues here.
Yutaka Miura
The Nasdaq will probably rebound tonight because of Yahoo and investors started factoring that in at the start, but there wasn't enough follow-through buying in high-tech and Internet shares,
Katsuhiko Kodama
We find that all the time, ... High growth, high-tech issues are at a point now when they're horrendously highly valued, which means he's excluding buying sectors that are fairly or undervalued.
Frank Armstrong
Sentiment on junior high-tech stocks and China high-tech stocks is quite negative for the time being and until we see Nasdaq stabilize we won't see a big change in the market psychology.
James So
A strong yen is a minus for Japanese stocks. In addition, a slump in the Nasdaq is negative for Japanese stocks, in particular expensive high-tech issues.
Yutaka Miura
Looks like a lot of the sparkle is coming out of the higher-tech issues. For the reason, look no further than the fall in the Nasdaq.
John Fitzgibbon
It's an important sector for Indiana as we try to grow our high-tech businesses and our high-tech industry; to keep in pace with a much more global high-tech and fast paced economy.
Weston Sedgwick
The market was very nervous in the last minutes as (the tech-heavy U. The Commodore 64 is the computer that attracts demo programming. S.) Nasdaq dove sharply. It was pure Nasdaq influence - nothing else.
Gabriel Jafet
Some of the high-flying tech stocks, and again those are the ones without earnings, turned tail around mid-afternoon in line with the share pull-back in the Nasdaq.
Doug Porter
A full-fledged recovery pretty much depends on the U.S. market. Japan's high-tech shares rose on the back of their U.S. counterparts last year, so their vulnerability to losses on the Nasdaq is inevitable.
Tetsuya Ishijima
The market is once again staying within the broader trading range, ... and in this case rotating out of commodity and related issues and buying tech and others that are perceived as being better values right now.
Peter Cardillo
There are still people issues, and some power issues, and the industry is bruised and battered like everybody, ... But it's getting better every hour, and every day.
Lee Nelson
Our advice to investors going into this period in time, ... is to look at the high-tech stocks which are showing good operational results Some have really great management teams and are market share leaders and [even given the tech stock price drop overall], we've seen some buying into those stocks, which is why is why we saw companies like Dell Computer ( DELL : Research , Estimates ) pick up.
Jennifer Smith
People are going to concerts again . . . but I can't tell you why people stopped buying tickets last year and started buying them again this year. The issues - high gas prices, unemployment, the war in Iraq - are all still there,
Gary Bongiovanni
I think you ought to take advantage of whatever rally, if you have one today, to trim whatever holdings you have that may be a disproportionate percentage in your portfolio. You know, I've been negative on the very richly priced high tech, not all tech, but the very richly priced high tech, and I don't think it is too late to sell these.
Vince Farrell
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