Came out this afternoon - showed up on ETrade market news list.

Tough to find tech stocks in value 'sweet spot,' editor says

By MarketWatch
Apr 24, 2007 13:39:00 (ET)

BOSTON (MarketWatch) -- Mark Mowrey, editor of the Prudent Speculator TechValue Plus, says that investors have a "negative stance" towards technology stocks right now but that it hasn't beaten down those companies to prices where a broad range of tech stocks would be attractive to a value investor.

In a radio interview with Chuck Jaffe, MarketWatch senior columnist, Mowrey said that firms involved in the power, chips and wireless technologies businesses are looking better right now than some of the traditional computer-oriented tech stocks.

He recommended buying Seagate Technology (STX, Trade ), Western Digital (WDC, Trade ) and selling DivX (DIVX, Trade ). He suggested that investors in Airspan Networks (AIRN, Trade ), Zhone Technologies (ZHNE, Trade ), Rackable Systems (RACK, Trade ), Marvell Technology Group (MRVL, Trade ) and Patriot Scientific (PTSC, Trade ) adopt a wait-and-see strategy, looking for valuations to warrant new buying or profit-taking.

In another interview, Robert Powell, editor of MarketWatch's Retirement Weekly newsletter, discussed how the aging of the baby-boom generation will create hell on wheels, literally, with seniors being more likely to be involved in traffic accidents, according to a recent Government Accounting Office study.

Powell suggested that insurers and legislators are likely to take steps to make the roads safer -- and that insurance costs for seniors may well skyrocket -- but also advised on how families can act together to make older drivers safer, or to have "the talk" about ending driving privileges.

Jaffe's radio interviews feature reviews of stocks and mutual funds suggested by MarketWatch readers. To request a stock or mutual fund for review, send your name, hometown and the ticker symbols that interest you.