Was watching Carter on CNBC last night

[ghoopin]

He kept saying this is 1995 with tech stocks. Just wondering what everyone else felt on this. He has his 4 that he likes. Anyone big on this theory?

[Goods]

A lot of tech stocks are rolling right along. Look at Google, Amazon, HP, eBay, etc.

But in my opinion, people are way smarter about what they invest in compared to the 1990s. Google, for example, has actual value and shows huge profits. Far from the dot com IPO of the week booming around 1998.

Back in 1995, the internet was still generally new. Not many people even had computers. The tech stocks were driven by the rush to buy anything computer related at enormous profit margins. Today, most people have what they need and upgrade every few years.

The big markets will come (with Apple leading the way so far) in bringing the internet, phone, TV, music, games, etc on one small, easy device that connects whatever you want it to on demand. There's a reason the iPhone is selling out at $600 a pop. Netflix just started selling streaming movies online along with DVD delivery. Order a movie on your laptop plugged into your big screen TV and enjoy.

Don't know much about Carter. If you want to go long, my picks are Google and Apple. Maybe Cisco, HP, Toshiba. But always do your own homework to figure out what's right for you. Just my opinion.

[ghoopin]

Thanks goods for your opinion. The picks you mentioned are big on Carter's list as well. He had four that he says you should own and I know google and apple are two of his favorites. He also mentioned everything else you mentioned. I just bought one of his books tonight that talks a little more in depth about what to research and how to determine what to buy for the type of investment each person is looking for.

[Jimmy K]

In my opinion this is nothing like 1995 in as much as the tech companies that are rolling right now are making money, plus many are just finally recovering from the sell off in 2000-2001, these gains have been slow in the making as opposed to the overnight returns in the 1990's. Another huge difference between now and the 90's is the money supply, the Fed had pumped a record amount of cash into the system due to fears of Y2K, that money lead to a great deal of the growth that stocks saw in that period. I do believe we will see a correction at some point, but it will be nothing like 2000 as valuations are much more in line with historical pricing as differs greatly from the dot.com boom.