Newsgroups: comp.sys.amiga
Path: utzoo!utgpu!utstat!davids
From: davids@utstat.uucp (David Scollnik)
Subject: Re: More CBM in the <BAD> News
Message-ID: <1989Jul1.231014.5340@utstat.uucp>
Summary: "Avoid tech stocks ?" - I say thee "NAY !!"
Reply-To: davids@utdelury.toronto.edu (David Scollnik)
Organization: Statistics, U. of Toronto
References: <20035@cup.portal.com> <18203@usc.edu>
Distribution: na
Date: Sat, 1 Jul 89 23:10:14 GMT


In article <18203@usc.edu> papa@pollux.usc.edu (Marco Papa) suggests ...

) You don't need a money manager to believe that this is certainly the 
) time to stay away from "technology" stocks.
)
) -- Marco Papa 'Doc'
)-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
 
Au Contraire, my dear Sir !!!

If one is seeking long term portfolio gains, now may well be the
time to invest ... Indeed, if North American high tech companies 
are not performing admirably on the exchanges, this fact may well
promote takeover bids on the part of overseas ( ie. japanese ) 
investors. 

In turn, said takeover bids may well buoy up the stock of the 
aforementioned "failing" North American high tech company 
( especially in the case of a smaller company ).
 
I'm not just talking through my hat, either ... this phenomenon 
has occurred several times on the Toronto Stock Exchange in the
last few months ( and no doubt on the Dow Jones and other exchanges,
as well ).

Of course, this is not to say that investment in high tech firms
is not "risky" ... but then again, it usually always is !!
 

-- 
  David P.M. Scollnik         |   UUCP:   utstat!davids
  University of Toronto       |  bitnet:  davids@utstat.utoronto
  Deptartment of Statistics   |    arpa:  davids@utstat.toronto.edu
  (hi mom !!!)