Scott Bleier Technology Quotations

Some people are thinking that technology investing is smack in the middle of the summer doldrums., ... The fact is that technology stocks and Nasdaq have established a near- to intermediate-term trading range, and we're thinking that technology stocks are on their way to the top end of that range, and that's approximately 4,000 on the Nasdaq composite.

Those are the segments that have the most powerful organic growth going forward for the next two to three years, minimum, ... You have to steer clear of the very highly-speculative small-cap technology names, those stocks that have been around for a long time and have reinvented themselves over the last year as Internet companies.

The sustainability of the American economic expansion is what the Fed is trying to achieve, ... And I think that technology stocks are going to do exactly what the Big Board has done; that is, establish a trading range. Gone is the rampant speculation in technology stocks. Instead, its going to be the cream rising to the top.

The bottom line is technology is here to stay and you've got to own stocks that are positioned well, like...Motorola,

They do wireless and cellular. They make semiconductors and they own the set-top box manufacturer, General Instrument. Broadband is going to be coming into your home via either a cable box or a wireless box. I just think they have it covered her and the fact is they reported their earnings and a little margin squeeze at the time when technology stocks were crashing.

A buy-the-dip mentality remains very strong in the minds of the market. Technology stocks are where all the action is, where all the volatility resides, where all the big gains come into play. These are the darlings of the market.