technology stocks

Stocks declined unevenly Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.

A disappointing profit report from computer maker Dell Inc. weighed on technology stocks.

Technology stocks received something of a boost yesterday, with the NASDAQ rising 21 points to 2,266. Traders were buzzing about Microsoft’s admission that it would re-open talks with Yahoo, but only if less-than-subtle co-conspirator Carl Icahn can manage to unseat the Yahoo board of directors.

Icahn, the famed corporate raider, owns a big chunk of Yahoo stock and is using his leverage to wage a proxy fight against the Yahoo board to replace it with one that’s more to his liking.

The statement from Microsoft drove Yahoo’s stock up $1.84 in Monday trading, demonstrating that...

With the stock market down 300 points, once again thanks to high oil prices (now over $140 per barrel), technology stocks should be directly in the line of fire.

But they’re not – and some big shot investors think the technology sector might even be a good defensive stop-gap until the economy rebounds.

Take Diane Garnick, a fund manager at Invesco, a firm with over $500 billion in assets under management. She made the case for tech stocks today on the Tech Talk pod cast, arguing that, in a tough economy, companies will look to technology to help them cut costs.

But not all the news was...

I know that, technically speaking, airline stocks aren't technology stocks (although I can't think of a more amazing technology that one which enables a 10-ton tube of metal to become airborne in New York and drop you safely in Chicago two hours later) but hear me out.

This could be a good play with technology in the mix. I'm talking about the small, but growing number of airlines that are experimenting with allowing passengers to leave their boarding passes at home and check in instead using their cell phones.

This from The New York Times last week: "At least half a dozen airlines in...

Harris Associates is typically one of the better value strategists out there - especially when it comes to finding value in technology stocks.

One reason is why is the stock-picking acumen of chief information officer David Herro. He was interviewed on Tech Ticker this morning and had some interesting things to say about the tech sector and the prospects - long-and short-term of some of the sectors biggest names like Intel and Dell.

I was scribbling notes from the interview as fast as I could. So, as accurately as I can gauge, here is Herro's take on the tech sector..

"Opportunities in the...

I was so wrapped up in the AOL hoopla yesterday that I forgot to mention how well technology stocks are doing so far this week.

Sure, today's trading session wasn't exactly stellar: Microsoft, Apple, AOL and others all lost ground - but only by a little.

Monday and Tuesday were much friendlier to tech investors, many of whom are pinning big hopes on the Federal Reserve and it's decision to infuse the banking industry with $200 billion in capital in an effort to get borrowers and lenders back on the financial dance floor together and into each other's arms.

Shares of Apple, Sun...

I caught a technology sector analyst from Invesco on Yahoo's Tech Ticker this morning who had some interesting things to say about the dysfunctional relationship between the technology stock sector and the subcrime .

. . err . . . subprime credit debacle. It seems that the credit & lending downturn has finally caught up with technology companies.

Says Yahoo, in teeing up the segment "For much of 2007, technology stocks outperformed as the sector was perceived to be largely immune to the housing downturn and the resulting unrest in the credit markets.

The past few months have seen a sea...

Ugh . . . . Another lousy week for tech stocks. For the whole stock market, for that matter. But technology stocks bore the brunt of it.

Let's look at some of the bigger players. ---------------------------------------------------------------------------------------------------- Company One-Week Return