Michael Pachter (JD '81) Interviewed on Technology Sector Stocks in The Market
Pepperdine Caruso Law alumnus Michael Pachter is interviewed in The Market on the stock performance of technology titans during the economic slowdown caused by the pandemic. Pachter is a technology sector analyst at Wedbush Securities.
Excerpt from The Market
Some tech stocks benefit immensely from people staying at home, like Zoom Video for instance. Other stocks benefit from home productivity like Microsoft. If Microsoft can suddenly sell 50 million Office licenses because people are working from home, then you are going to see that in their numbers. But the guys who really benefit are the publishers of mobile games like Zynga and Glu Mobile because the longer you play their games, the more money you spend.
The complete interview may be found here