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ePlus inc. Message Board

  • hoootie05 hoootie05 Mar 8, 2004 5:29 PM Flag

    Start of a 2nd wave of Recession?

    Folks, the semicapital equipment and INTC took a hit on high volume. The tech correction always starts with semiconductor industry, then to hardware to software.

    The market looks very very weak today. I think the correction is about to start.

    Uncle Hooooooooootiiiiiiieeeeeeeeeeeeeeeeeee

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    • Pull back, maybe...recession, thats a bit strong. Many analysts through January and February said the market looked over bought. Many stocks are finally bringing in profits, just not large enough to justify current valuations.

      ePlus has held up nicely though. But it is a contrarian stock, and if the market soared tomorrow, ePlus would probably be down.

      Flash

 
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