Tech stocks in trouble?

The tech sector seems a bit unsettled right now. There's the huge Dell/EMC merger going on, but everything else seems a bit up in the air.

Gartner says worldwide PC shipments dropped 9.6% this quarter, but if that is because people are moving to tablets, businesses are holding off on upgrades due to the downturn, or another cause, is unclear. With the possible sale of Yahoo, Intel posting huge job losses (11% of workforce) due to a restructure, IBM posting its worst revenue for years (16th straight quarterly fall according to yahoo) and NetFlix dropping 13% yesterday, are tech stocks something to avoid at the moment, or would you buy while they are low?

I'm torn, but I'll probably stick with pharma rather than taking a risk on tech as pharma is a sector I know.

 

I think that tech is one of those sectors that does fluctuate quite a lot, so if people have got shares in there, while it's certainly worth keeping an eye on, it's not time to sell everything and get out just yet I don't think.

It's a case of watch this space, and see what happens for now in my opinion.

 

Well I think no one is going to give up on technology. It is the way our world works these days, so maybe there will be some temporary setbacks or fluctuations. It doesn't mean it is a bad investment or something that will be bad for our world. It is just one of the things that we might want to consider investing in and making part of our portfolio. Tech stocks aren't going anywhere.

 

Lost two million in pharma

Valeant IBB and pbyi lost two million heart sick!

 

Why do you think the tech industry is in the doldrums? Is it not related to the upcoming US presidential elections in November? Sometimes you cannot find the reason why the stock prices suddenly move upward or downward unless you are very knowledgeable in stocks. But anyway, I didn't know that Dell is to merge with another company. I thought all along that it was a blue chip and going strong because Dell's computers are getting good sales and they have a lot of advertisements in the papers and in the internet.

 

Tech stocks rely on there being continuous innovation within the filed, or at least the continuous creation of new markets within the sector. Perhaps we're just seeing a natural plateau develop, where progress is steady rather than exponential. That isn't exactly good news for anyone holding tech stock, but it may be true nonetheless.....