Techs Quotes

[With techs,] The horse is out of the barn, OK? ... Well, fine. Does that mean you sit there and leave the barn door open, waiting for the horse to come back in? - Phil Cook

[For investors, tech stocks have always been wobbly, with their stratospheric price-to-earnings ratios and fluid business plans -- now they're starting to careen, mostly downward, with regularity, and other bets are only getting better.] The higher interest rates go, the more lucrative bonds and T-Bills are... When 30-year bond yields get over 7 percent, with absolutely no risk, money gets shifted out of the techs and put elsewhere. - Bernard Baumohl

[But after three days of selling,] I think tomorrow should be a fairly positive open, with the techs a little higher on Microsoft and in response to the action over the last few days... We've had a couple of ugly sessions and you're likely to see a little bounce off of that. - Michael Carty

(The TSE 300) started sliding at the beginning and it just kept sliding. Nortel accounts for most of it but you have Seagram pulling back, techs took a big hit. It's pretty much across the board. - Kate Warne

(Techs) had such a terrific run for the past two weeks that I believe some people are taking this opportunity to take some money off the table and invest it in the 'old economy,' - Art Hogan

(Techs) are being psychologically driven with the mentality of 'I've got to get out, I've got to have closure', and that's what you usually need for market bottoms. - Peter Chandler