Friday, November 21, 2008, 10:51PM ET - U.S. Markets Closed.

Where Tech Investors Can Hide in This Market

Posted Oct 06, 2008 06:26pm EDT by Sarah Lacy in Investing, Computers, Healthcare Information, Internet, Software and Services, Recession

There's not a lot of good news coming out of the Nasdaq today. Internet stocks are getting hit. Enterprise software stocks are getting hit. PC and chip makers are getting hit. So what's a tech investor to do?

We asked Scott Kessler, of Standard & Poor's Equity Research, for his three best picks in this market and the three stocks to avoid at all costs.

11 Comments

you
Yahoo! Finance User - Monday October 06, 2008 07:27PM EDT

Report the good news in bold print .the bad news is on the front page. A few days ago I read in the paper in small print that California home sales increased 56.7 % in August from August 2007

sing4beer
sing4beer - Monday October 06, 2008 07:35PM EDT

Nigerian email scam?.....we all should know now that the $600 was to butter-up the masses for the granddaddy of them all schemes......the $700 Billion Bank Bailout, which will be AT LEAST $3,300 for every man, woman, and child in America, maybe even $10,000 each before it's all over; say $40,000 per household, PRETTY GOOD DEAL I'D SAY. Don't ya get it? they give us $600......we give them $3,300-$10,000, sound like Nigeria knocking to me.

you
prithvi - Tuesday October 07, 2008 02:28AM EDT

sarah lacy sucks

you
James - Tuesday October 07, 2008 03:23AM EDT

Best Post of the YEAR :) Nigerian email scam?.....we all should know now that the $600 was to butter-up the masses for the granddaddy of them all schemes......the $700 Billion Bank Bailout, which will be AT LEAST $3,300 for every man, woman, and child in America, maybe even $10,000 each before it's all over; say $40,000 per household, PRETTY GOOD DEAL I'D SAY. Don't ya get it? they give us $600......we give them $3,300-$10,000, sound like Nigeria knocking to me.

you
Jack - Tuesday October 07, 2008 03:26AM EDT

Interrupt Political Corruption at least every 4 yrs,, VOTE OUT ALL INCUMENTS EVERY TIME!!!!!

you
Dr. Huang - Tuesday October 07, 2008 03:57AM EDT

It is tough for any high tech to survice recession. the high fliers AAPL and GOOG heforeave to make good correction( 50-70 % before more attractive b

you
oliver H - Tuesday October 07, 2008 06:31AM EDT

DONT PAY LEAVE US

you
Doug C - Tuesday October 07, 2008 08:05AM EDT

You can't hide, only run ... until 8200 or less .. Good thing they passed the Trillion Dollar Bailout! Oh, wait, Ummmm ... that did not help did it??? Did anyone really expect it to? It's like throwing a pebble in a lake. Government can't buy us out of this one. Why??? Because they spent 55 Trillion dollars so far bailing us out of other problems. No more money left to borrow with a 55 Trillion dollar debt. I guess after we pay that back over the next 50 years we can start over again. Oh wait, ummm ... maybe we can start building products again? There is an idea! Oh yeah, while we are at it, maybe we can start using our own fuel to do it! Like Coal and Nuclear instead of send an additional 700 Billion overseas every year to buy oil. Hmmm ... think it is time to maybe elect people that get it. This mess is brought about by the voters who put these people in office.

Yahoo! Finance User
Yahoo! Finance User - Tuesday October 07, 2008 10:44AM EDT

This guy's got boffus. One eye this way, one eye that way. He can look at boffus at the same time.

you
Jason Leavitt - Tuesday October 07, 2008 01:07PM EDT

No offense Sarah, but nobody at S&P has any credibility. They're part of the problem here because they maintained AAA ratings on companies that were in very bad shape.

you
Yahoo! Finance User - Tuesday October 07, 2008 02:11PM EDT

as usual people want instant gratfication. let the boa digest! let the meds take effect. let the plant food get to the roots. it is unfortunate the fatcats were busy stuffing there pockets and not doing there jobs.in this country it would be refreshing to have the mind set of more "we" and less "me". the only trickle down we see is ignorance.

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