Saturday, February 23, 2008
Presidential Candidates and Technology
John Dvorak's recent column points to some interesting observations:
JOHN DVORAK'S SECOND OPINION
Blame Washington that tech will remain flat
By John C. Dvorak
Last update: 2:11 p.m. EST Feb. 22, 2008
Commentary: Uncertainty over presidential race bleeding into market
BERKELEY, Calif. (MarketWatch) -- I don't think it should come as much of a surprise that the market is going sideways with an occasional run-up followed by a small collapse, moving along the sand like a crab waiting to get washed out to sea.
Old-timers will say this is because of the uncertainty as to who will be the next president. The technology sector's particularly vulnerable to this, since none of the three leading candidates is known for tech expertise or appreciation.
Technology needs an Asian candidate or maybe a Swede, or even a white guy from Canada running for president. The three front-runners don't cut it; I'm not hearing a lot of tech vision from any of them, that's for sure.
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