Word: sectored
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...There are lots of things I worry about and [losses in the Internet sector] would be one of them," he said. "I would expect that future years are going to be nothing like the last two in venture capital. On the other hand we've already received significant distributions. It's already been a success...
Light said this is still a problem, although the percentage of the University's holdings invested in venture capital has risen because of the exceptional growth in this sector...
Light said this is still a problem, although the percentage of the University's holdings invested in venture capital has risen because of the exceptional growth in this sector...
...Intel, see, is the bluest of the blue-chip tech stocks, considered the sector's best indicator of where the overall high-tech winds are blowing. It's a member of the Dow, NASDAQ and the S&P, which is the practical reason why Wall Street's trio of indexes all tanked on the news. But the spiritual malaise is just as contagious; Microsoft, Dell and Cisco all took overnight hits as well. Intel's announcement also comes early in a third-quarter earnings season that investors are nervous enough about already. Bad earnings news revives fears that Greenspan...
...hold. And they know that a brief run of bad sessions in September - or the one-time underperformance of a stock up 49 percent for the year when the news hit - do not an incumbent-ousting recession make. A few sprightly earnings numbers from the tech sector in October, and the current gloom could be a distant memory...