Techs Quotes

You are seeing some very normal profit taking in the high-techs... The only question is whether it is going to last a couple of days or a couple of weeks. - Alfred Goldman

Why do they need all this money? Are techs keeping cash due to uncertainty in the markets? Maybe. But I think there's no reason why techs are keeping as much cash as they are. - John Snyder

What's driving this is techs have gone from terrific to terrible. - Alan Ackerman

What we're seeing today is a relief rally from last week... There is really nothing to hurt the market today. All the techs are rebounding well. - Richard Bernstein

What we're seeing is a reflection of what the market as a whole is seeing. You had techs rallying over the last two weeks, and now we're seeing some consolidation after those gains. It's just that techs are a lot more volatile. - Walter Winnitzki

What Intel says tomorrow will set the tone for techs in the next few sessions. - Peter Cardillo

We've seen a very volatile stock market since February. Different styles and sectors, like technology or financials, coming in and out of favor with no clear direction. There's nothing really wrong with techs. They are certainly somewhat highly valued by any historic measure, but probably not as highly valued as they were in February. We think, actually, come the fall, we could see a big tech rally, and that would probably be related to the fact that the IPO calendars are really building at the big underwriting firms, the big broker dealers. - Timothy Ghriskey

We've had a strong economy for four years now and no inflation, so I don't see inflation as a problem... The market went into the tank early today because the message was our correction just wasn't over yet and then, of course, pressure from the techs. - Al Goldman

We're seeing strength in technology and current optimism is based upon inventories worked down -- even Motorola indicated they're making progress in that direction... Techs are doing well and people will be combing their lists of stocks to buy for the long-term, but it's going to be a highly selective process. - Alan Ackerman

We're in the process of grinding out a bit of a bottom here. But it's a rotational market and the guys that are playing the last cycle by running in and buying the techs and so forth are ultimately going to be disappointed. - Rick Hutcheon