1994-07-04, English, Article, Other article edition: Disappointing technology stocks likely to rebound. Kaufman, Steve

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Bookmark: http://trove.nla.gov.au/version/110621130
Physical Description
  • Newspaper article
Published
  • San Jose Mercury News, 1994 July 4
Language
  • English

Edition details

Title
  • Disappointing technology stocks likely to rebound.
Appears In
  • San Jose Mercury News, 1994 July 4, p1F(1) (ISSN: 0747-2099)
Author
  • Kaufman, Steve
Published
  • San Jose Mercury News, 1994 July 4
Physical Description
  • Newspaper article
Subjects
Target Audience
  • General
  • Trade
Summary
  • High technology stocks have not performed well since the beginning of 1994, indicated by the 6.5 percent drop in the Hambrecht &‚Äč Quist Technology Index. However, pending product announcements and national economic factors suggest stock prices will rise. Microsoft Corp is getting ready to release Chicago, a major upgrade to its Windows GUI, and the slowing national economy helps high technology companies because they require product and technology innovations for their growth. The Invesco Strategic Portfolios Technology fund has increased its average returns by 14.9 percent each year since 1984. The fund's manager looks for companies that are getting ready to post strong earnings. His current favorites include Microsoft, Compaq Computer Corp and Electronic Data Systems.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15562505

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