17 Quotes by Scott Bleier

No one likes to lose money in technology. We marginally broke 3,500 and everybody has been looking for a giant capitulation day. We may not get that but this is a market that is healing.

No one likes to lose money in technology, ... We marginally broke 3,500 and everybody has been looking for a giant capitulation day. We may not get that but this is a market that is healing.

Over the past couple of weeks, the move higher in the stock market has been supported by a few big-cap stocks. This is a repeat of the 'Nifty Fifty' in the '70s. While the averages have hit new highs, the bulk of the stocks is moving lower.

Some people are thinking that technology investing is smack in the middle of the summer doldrums., ... The fact is that technology stocks and Nasdaq have established a near- to intermediate-term trading range, and we're thinking that technology stocks are on their way to the top end of that range, and that's approximately 4,000 on the Nasdaq composite.

Nasdaq is really a mixed bag. The Fed debate is why the market can't put a convincing rally together.

Those are the segments that have the most powerful organic growth going forward for the next two to three years, minimum, ... You have to steer clear of the very highly-speculative small-cap technology names, those stocks that have been around for a long time and have reinvented themselves over the last year as Internet companies.

You'd think it'd be a great idea for a (public) company, ... After all, the big areas of the Internet are basically stock trading, e-shopping and pornography. But you can't really invest in it. And you know, maybe that's the way it should be, quite frankly.

The sustainability of the American economic expansion is what the Fed is trying to achieve, ... And I think that technology stocks are going to do exactly what the Big Board has done; that is, establish a trading range. Gone is the rampant speculation in technology stocks. Instead, its going to be the cream rising to the top.

The bottom line is technology is here to stay and you've got to own stocks that are positioned well, like...Motorola,