Friday, April 5, 2013

Investopedia: F5 Networks Takes Another Whirl In The Tech Spin Cycle

Between earnings from the likes of Oracle (Nasdaq:ORCL) and TIBCO (Nasdaq:TIBX) and yesterday's negative guidance from F5 (Nasdaq:FFIV), I think it's safe to say that the tech spending market has cooled noticeably. Given the hype and hope that had been built into so many tech company valuations, that should probably have investors feeling at least a little uncomfortable now. While I am still a believer in F5, it's going to be tough to own tech stocks until there is a real sign of renewed momentum in the sector – likely a second-half event.

Read the full piece here:

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