I think there's a whole lot of tech stocks that make sense. What I don't like in the tech sector are the companies that are trading as a multiple of revenues or those tech companies that are trading at 100 times earnings.
More Quotes from Vince Farrell:
What the stock market is telling you is that the economy and corporate profits are going to recover sooner than thought.Vince Farrell
The market has been choppy because it's trying to figure out where oil prices are going to go, how fast interest rates will rise, and what these two things mean for corporate profits. It's going to remain choppy until it gets more clarity.
Vince Farrell
I think we have to wait until 2002 for the Fed's rate cuts to take hold and stocks generally move ahead of the economy,
Vince Farrell
The Fed's worried about the economy overheating, ... I think the Fed would be thrilled if the financial sector took a deep breath. I think we all should be thrilled.
Vince Farrell
I don't think having your former chairman become vice president is going to hurt your company, if that were to come to be,
Vince Farrell
Intel by itself is being powered by very good earnings progression, very good gross margins, and all that is helped by the spreading use of the Internet. But I think Internet stocks and Intel are a world apart, ... Business Day .
Vince Farrell
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