15 Quotes by Koji Uchida
- Author Koji Uchida
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It's really difficult to buy technology shares without any real signs of a turnaround in prices, which everyone has been expecting for some time now.
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The news on U.S. Steel has prompted some buying of steelmakers. You cannot completely rule out the possibility of takeovers of Japanese companies.
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Strong demand for digital consumer electronics such as flat panels and mobile phones is helping to make people optimistic about technology stocks.
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It seems everyone has been a bit too optimistic on shares.
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Investors are reassured zero interest rates will continue for some time, and given Japan's strengthening economic growth, companies stand to profit.
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Investors are concerned that shares have gotten too expensive and there's no reason to buy into the market at these prices.
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