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November 07, 2012 at 11:23 AM EST
Just Say 'No' to Tech Stocks
In the 1980s Nancy Reagan implored kids to "just say no" to drugs. Now here's some advice for investors: Just say no to technology stocks. Tech stocks are exciting. They're sexy. They provide a front-row seat to the breathtaking innovations that are changing our lives in unimaginable ways. But none of that makes them good investments. In the dozen or so years since the tech bubble burst many investors appear to have forgotten that lesson. Let's look at a few recent examples. Exhibit No. 1: Intel (NASDAQ:INTC) With its dominant position in the PC market respected brand name and ...
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