"Tech Stocks Retreat!"

Posted by Jerry Kuch Fri, 12 May 2006 20:45:00 GMT

Several times today I’ve heard people say that Expedia’s earnings disappointment was “a bad sign for tech stocks,” or that it could, or should, or did “trigger a retreat in tech stocks.”

I don’t know why. A hundred years ago, if Sears-Roebuck hit a soft spot in the mail order catalog retail business, did the feckless, chattering, financial news classes, in whatever primeval form they then existed, burst forth to warn of a bad signs for the pulp and paper industry?

Comments

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  1. Young Orleans Pattern Kernel Hotel said 12 days later:
    But I'm not sure why :(
  2. Aerosmith Cheneys Got Gun Remake said 13 days later:
    Thanks for the write-up :)

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