As Apple (AAPL) and Research in Motion (RIMM) jockey to dominate the smart phone market in China and Microsoft (MSFT) reveals new plans at a shareholder’s meeting - what will drive tech shares the rest of the year?
CNBC Silicon Valley Bureau Chief Jim Goldman joins the panel for this conversation. Following are excerpts.
Goldman thinks tech is oversold. As evidence, he says Google (GOOG) jumped despite negative news out of Europe Tuesday and VMware (VMW) popped even after Oracle (ORCL) said it would develop competing virtualization software.
Jeff Macke doesn’t agree. He says investors who are looking for buys should be selective and look at Microsoft (MSFT).
Guy Adami thinks Cisco (CSCO) above 29 is a buy.