Date updated:10-02-2008
"I simply do not know what it is other than that the analysts are endlessly bullish and like to move stocks a point or two with their calls. The out-and-out pointlessness of this seems to be totally lost among viewers and readers. Tech is simply not a place to make money. But nobody believes it. The height of strangeness in a strange and bizarre market." - Jim Cramer

-
RIMM
Research In Motio - $61.56
- 0.00%
- $N/A
The strange love affair with tech for so many of our readers is a tad unnerving to me. With the exception of Apple (AAPL) and Google (GOOG) and, for a while, Research In Motion (RIMM), for most of this century tech has done nothing, made you no money, created no value.

-
AAPL
Apple Inc. - $201.46
- +3.66%
- $196.95
But the love affair persists, and I find it quite bizarre. What's the point of it? Why do we focus, for example, endlessly on Apple, when for all we know Steve Jobs is sick and the quarter's as bad as RIMM's?

-
GOOG
Google Inc. - $562.51
- +2.07%
- $554.99
Why do we focus on Google when, after all, it is ad-supported and the ad market is in a severe depression. It is a cyclical decline, so when it gets better, Google will take share, but clearly there are better bargains out there.

-
GOOG
Google Inc. - $562.51
- +2.07%
- $554.99
Why do we focus on Google when, after all, it is ad-supported and the ad market is in a severe depression. It is a cyclical decline, so when it gets better, Google will take share, but clearly there are better bargains out there.

-
MSFT
Microsoft Corpora - $28.99
- +1.65%
- $28.60
Nothing even remotely exciting is happening in tech. Microsoft (MSFT) and Intel (INTC) have been remarkable duds.

-
INTC
Intel Corporation - $19.46
- +2.80%
- $19.15
Nothing even remotely exciting is happening in tech. Microsoft (MSFT) and Intel (INTC) have been remarkable duds.

-
ORCL
Oracle Corporatio - $21.83
- +1.91%
- $21.55
There is nothing intriguing about Oracle (ORCL).

-
HPQ
Hewlett Packard C - $49.99
- +1.69%
- $49.07
I like Hewlett-Packard (HPQ), but only because it is doing a big restructuring because of its acquisition of EDS, and I believe that Dell (DELL) may be falling apart.
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