Mark Herskovitz
Mark Herskovitz
election good sure tech
Election years are typically not good for tech stocks. I'm not sure why that's the case.
bad business earnings good level market move stocks sure tech trouble whether
What the market is having trouble with isn't that business is bad but that tech stocks are expensive. We're not sure whether the level of earnings is good enough to move stocks even from here.
again burned internet people
I think people are going to look at the Internet again even if they have been burned in the past.
emerge happened historic initial internet investors overly perspective round uncommon
From a historic perspective, I would say that it is not uncommon for new technologies to emerge and for investors to become overly enthusiastic, which is what happened with Internet round one, and then become unduly pessimistic after their initial expectations were not realized.
anthrax few happened last scare selling strong today
We've had a strong run-up in the last few weeks, so some selling is natural. It may have happened anyway, but the anthrax scare today (Wednesday) really exacerbated it.
fourth missing quarter sells serious
It's pretty serious that they're missing the fourth quarter. The fourth quarter sells a lot more PCs.
create huge large opportunity people starting
It's a huge opportunity for the people who create these networks. You have a 'green field' opportunity in a very large city, and you are starting from scratch.
continue fact generally good markets news ok rally spite
The fact that the markets continue to rally in spite of news that is generally OK but not excessively good is a positive.
bottom good investors looking putting signs today
Investors are looking for some signs of good news. On balance, we may be putting in a bottom but I don't think you can extrapolate from today that we're off to the races.