Tech could have 10% more downside, but ‘don’t give up’ on the group, longtime investor Paul Meeks says

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Tech could have 10% more downside, but ‘don’t give up’ on the group, longtime investor Paul Meeks says

cnbc2021-05-13

Is tech’s turmoil here to stay?Paul Meeks, who ran the world’s largest technology fund during the late 1990s, saidthe group’s recent pullbackcould worsen amid concerns around rising inflation and ...

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Comment（25）

kyawkh
·2021-05-14
Gosh
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SHANEYBOY
·2021-05-14
Nice
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Breakthru
·2021-05-13
Tech the way to go in long term
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- ngchris:
  Agreed.
  2021-05-14
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- xemrunx:
  At this rate, the correction will make people lose their money when they buy them on a high.
  2021-05-14
  Reply
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vincent1wwb
·2021-05-13
oic
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March_m
·2021-05-13
It’s the future, but we got to be very patient with it
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1
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acumen
·2021-05-13
Cool
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JamesArthur
·2021-05-13
Couldnt agree more
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Sakelee
·2021-05-13
yes yes
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Bigboss51
·2021-05-13
Hold on to it!
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- Bigboss51:
  Agree
  2021-05-17
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- Abcdefgg:
  Buy
  2021-05-13
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sh99
·2021-05-13
wow!!
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2
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Agnes321
·2021-05-13
Agreed with that
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1
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HuatMonster
·2021-05-13
Right
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1
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JLUljs
·2021-05-13
Agreed [強] [強] [強]
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1
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Bodoh
·2021-05-13
So buy buy buy?!
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2
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JunHao1992
·2021-05-13
Don't give up, but my wallet had given up on them.
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- JunHao1992:
  Commented
  2021-05-13
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H772
·2021-05-13
Dun give up. Tech is the way moving forward
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JLUljs
·2021-05-13
Agreed [強] [強]
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ReganF
·2021-05-13
Never give up, never give in.
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Sysy
·2021-05-13
When? Today price jump up
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StockWatcher
·2021-05-13
Hodl stonk
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- Nienz:
  Stonk
  2021-05-13
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- RWRW:
  Okk
  2021-05-13
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I think we could easily do another 10%\" despite strong earnings and guidance from major tech companies, Meeks said.Meeks, who manages over $800 million in assets, added that tech's near-term future was \"very difficult to predict\" because investors are focused on how inflation and interest rates will impact the sector — not its own relatively healthy fundamentals.\"Don't give up on tech. It's always the most innovative companies on the planet Earth. It's always where you want to be,\" he said. \"They're going to have some great buying opportunities. But it's going to be a bit lower.\"In terms of where to invest, Meeks recently turned positive on a space he once deemed too speculative: cryptocurrencies.While he advised against investing in the cryptocoins themselves, derivative plays such asSquare,PayPalandCoinbasecould offer investors some upside, he said.\"I like those plays. 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the future, but we got to be very patient with it&nbsp;","listText":"It’s the future, but we got to be very patient with it&nbsp;","text":"It’s the future, but we got to be very patient with it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198997613","repostId":1164484222,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198991845,"gmtCreate":1620916869187,"gmtModify":1704350479079,"author":{"id":"3576311608929703","authorId":"3576311608929703","authorIdStr":"3576311608929703","name":"acumen","avatar":"https://static.tigerbbs.com/dbd3b876266831d4b03d3feceb672c51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576311608929703"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198991845","repostId":1164484222,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198991972,"gmtCreate":1620916842796,"gmtModify":1704350478917,"author":{"id":"3574122255023758","authorId":"3574122255023758","authorIdStr":"3574122255023758","name":"JamesArthur","avatar":"https://static.tigerbbs.com/0230d592c84aee6b78c6136a020bbb52","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574122255023758"},"htmlText":"Couldnt agree more","listText":"Couldnt agree more","text":"Couldnt agree more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198991972","repostId":1164484222,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198999401,"gmtCreate":1620916769703,"gmtModify":1704350476462,"author":{"id":"3573364802612586","authorId":"3573364802612586","authorIdStr":"3573364802612586","name":"Sakelee","avatar":"https://static.tigerbbs.com/4bb124d89183e5bf76f301af83325276","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573364802612586"},"htmlText":"yes yes","listText":"yes yes","text":"yes yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198999401","repostId":1164484222,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198078499,"gmtCreate":1620916028811,"gmtModify":1704350453611,"author":{"id":"3576363004948542","authorId":"3576363004948542","authorIdStr":"3576363004948542","name":"Bigboss51","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576363004948542"},"htmlText":"Hold on to it!&nbsp;","listText":"Hold on to it!&nbsp;","text":"Hold on to 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