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JUN 24, 2014 - TheStreet

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Expensive Technology Stocks Offer More Peril Than Promise

SEATTLE (TheStreet) -- The first time I saw the movie, Napoleon Dynamite, I walked out of the theater before the final wedding scene. This caused me to miss Napoleon's brother Kip singing "Always and Forever" to his new bride, LaFawnduh. The key line in the song was, "I love technology, but not as much as you, you see!" Kip found LaFawnduh "in a chat room," which indebted him to technology. It seems the US stock market, as represented by the S&P 500 Index , falls in love with technology even when it is not finding LaFawnduh. The newness and wonderment associated with technology ... Read More

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