Learning to live with a technology correction
Article Abstract:
Technology stock buyers in late Aug 1998 and early Sep 1998 will determine how to make portfolio adjustments in the wake of the Aug 1998 market correction. Several ideas are taking hold in the volatile technology sector, as some companies now are more affordable. Some believe that leading technology companies, which remain relatively expensive, will continue to represent strong investments because they can outdistance the competition. Microsoft, Intel and Dell Computer fall into this category, as well as popular Internet stocks like Yahoo and Amazon.com. Second, the correction could reward patient investors, according to James Davidson, a managing director at Hambrecht & Quist. Davidson classifies investors into momentum investors who follow the market movement, and long-term investors who apply fundamentals.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Gartner Group agrees to buy Dataquest
Article Abstract:
Gartner Group, of which Dun & Bradstreet owns 51%, has agreed to buy Dataquest, another unit of Dun & Bradstreet. Both companies are in the computer and high technology market analysis and research field, although Gartner's customers have traditionally been information systems departments of large corporations while Dataquest has focused on software and hardware vendors. Gartner plans to lay off 100 of Dataquest's 500 employees and combine the administrative, management and sales departments of the two companies. The deal calls for $15 million in cash and approximately $60 million in Gartner common stock to be transferred to Dun & Bradstreet, along with warrants for purchase of another $5 million worth of shares. Both Gartner and Dun & Bradstreet stocks rose in value following the news.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Oracle seeks public views on possible bid for Apple
Article Abstract:
Oracle chairman and CEO, Larry Ellison is considering acquiring Apple and has set up an Internet site to gauge public opinion on the possibility. If Oracle does acquire the company, Ellison and Steven P. Jobs, Apple's co-founder, would both hold positions on Apple's board, but neither would have executive titles. Many analysts do not believe Ellison is serious in his contemplation of the acquisition, claiming he would not bother with the public's opinion and just go ahead with the acquisition if he wanted to do it. Other analysts feel such a move might be seen positively by investors, based on Oracle's aggressiveness and the fact it is so well managed. Apple did not have an official response to Oracle setting up a polling site on the Internet.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: House votes to curb federal regulations. Dole seeks probe on preelection action. Legislation: regulatory overhaul thwarted in Senate
- Abstracts: Distortion-free futures price series. The impact of market-specific public information on return variance in an illiquid market
- Abstracts: Foreign trade: curbs on advanced computer sales eased. Clinton endorses free trade. Clinton defends record at press conference
- Abstracts: An American in Warsaw; U.S. businesswoman challenges old phone monopoly. On the Internet, Africa is far behind