A lot of tech stocks that were 'Steady Eddies' were not subject to hype. They were boring stocks. But those stocks had strong top- and bottom-line growth.
Tech earnings are improving, and the reality is that stock prices always move ahead of fundamentals. That's what they do. They are predictive instruments,
The most oversold heavily shorted tech stocks are leading the group higher. To me, that's not a sign of a healthy rebound, ... What I want to see are the strongest stocks showing big volume and rising. Few are doing that.
The greatest mistake that people have made over the past three-to-six months regarding tech stocks is failing to listen to what the market is telling them,
We have a blue-light special on tech stocks in aisle 5. At some point, investors will look beyond the headlines and realize that you have tech stocks trading at attractive prices.
It's hard to get excited. There still could be some downside risk in the 2005 numbers, so I would focus on tech companies that are guiding up,