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Investors bought technology stocks aggressively yesterday, pushing the Nasdaq composite index to its highest level in more than a year.
Investors also bought technology stocks, which were viewed as bargains after being battered in last month's sell-off.
She had bought technology stocks like JDS Uniphase and Juniper Networks -- stocks that have been crushed in the sell-offs.
Mr. Costner bought technology in development from the government in 1995, hired scientists and developed the centrifuge machines for the private sector, financing the $24 million project.
When her first brokerage statement came, she saw that Mr. Cessna had bought technology stocks and stock funds, including the Internet Strategies fund.
Just ask your neighbor who bought technology stocks in March 2000 or a second home in southern Florida in late 2006.
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Indefatigable individual investors kept buying technology funds.
"There's no shame in buying technology," he says.
Nevertheless, Mr. Manns plans to keep buying technology and telecommunications.
"The thinking is that people don't buy technology; they buy solutions.
At the end of the 20th century, managers had two reasons to buy technology on impulse.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com