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'Fast' Traders Talk Tech

Thursday, 12 Aug 2010 | 6:31 PM ET

The technology space has been getting hammered lately, so it begs the question: Is any tech stock safe to own?

For answers, we turned to Collin Gillis, an analyst at BGC Partners. He says should investors choose to venture into the "very violent, choppy wolf marketplace," they have two choices. First, high royalty growth companies, like Apple . The other option is yield names, such as Microsoft .

Analyze This
A look at whether there are any tech plays after Cisco earnings, with Colin Gillis, BGC Partners.

Google is "dead money" until autumn, adds Gillis. He likes the search engine provider in the back half of the year, however, and says it tends to survive recessions thanks to its pay-to-click model.

While some on Wall Street think the semiconductors are slowing down, Gillis is not so sure. A collection of data points show a slowdown, he says, but they don't always show the "big picture." He thinks fears of a slowdown maybe "over done."

Watch the video to see the full interview with Gillis.

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DOES INCREASING APPLE'S DIVIDEND ADD TO VALUE?

Halftime Play of the Day
One analyst and a Fast Money viewer sound off on Apple holding cash from investors.

In an open letter to Apple's board Thursday, analyst Toni Sacconaghi of Sanford C. Bernstein asked the technology giant to consider returning cash to shareholders.

"I ultimately hope that, you know, our letter will be a rallying cry for major shareholders because ultimately the board and the company are responsible to them," said Bernstein on the Thursday's Fast Money Halftime Report.

But would raising the dividend increase Apple's value? Karen Finerman of Metropolitan Advisors had a strong take on the matter.

Watch the video to see what get Finerman's colorful take on value.

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CALL TO THE FLOOR: MOTRICITY

Call to the Floor
Inside your mobile phone, with Ryan Wuerch, Motricity CEO.

Shares of Motricity, a mobile Internet service provider, are down sharply since the company's initial public offering in June.

With famed investor Carl Icahn holding this company, is it poised for a turnaround. For answers, CEO Ryan Wurch joined us on Thursday's Fast Money.

Watch the video to see the full interview with Wurch.

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PRIVATE SPY

Private Spy: U.S. vs China
CNBC's Eamon Javers takes a look at the corporate spy game between China and the US.

Continuing our summer series, Private Spy, CNBC's Eamon Javers examined corporate spy games between China and the US. Google, for example, had some corporate "cloak and dagger" issues in the People's Republic. Watch the videoto learn what they're facing there.



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Trader disclosure: On Aug 12, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova owns (AKAM), (BAX), (FCX), (MOS), (OXY), (PFE), (POT), (SU), (XBI), (GLD); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Finerman owns (AAPL); Finerman owns (GOOG); Finerman’s firm owns (HPQ); Finerman and Finerman’s Firm owns (BAC); Finerman and Finerman’s Firm owns (JPM); Finerman's firm is short (IJR); Finerman's firm is short (MDY); Finerman's firm is short (SPY); Finerman's firm is short (IWM); Finerman’s firm owns S&P 500 puts; Finerman’s firm owns Russsel 2000 puts; Jon Najarian owns (CSCO) short calls; Jon Najarian owns (VIX) Call spread; Jon Najarian is short (SQQQ)
For Patty Edwards
Edwards owns (AAPL) for clients
Edwards owns (AA) for clients
Edwards owns (AKAM) for clients
Edwards owns (AMZN) for clients
Edwards owns (ABT) for clients
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Edwards owns (SPY) for clients
Edwards owns (TM) for clients
Edwards owns (TM)
Edwards owns (TTM) for clients
Edwards owns (TXN) for clients
Edwards owns (UNP) for clients
Edwards owns (VXX) for clients
Edwards owns (VZ) for clients
Edwards owns (WFC) for clients
Edwards owns (WFT) for clients
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Edwards owns (V) for clients
Edwards owns (XOM) for clients
Edwards owns (YHOO) for clients
Edwards owns gold for clients
Edwards owns platinum for clients
Edwards owns silver for clients
Edwards owns the Russell 2000 for clients
Edwards owns the S&P500 for clients

Anthony Scaramucci
SkyBridge Capital owns (LO)

Stephen Weiss
Weiss owns (MRK)
Weiss owns (VZ)

David Riedel
***No Disclosures***

Colin Gillis
***No Disclosures***

Brian Stutland
***No Disclosures***

  Price   Change %Change
MSFT
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AAPL
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GOOGL
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