But for the most part tech companies posted solid Q2 results, and valuations for most large cap tech names remain remarkably modest.

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Our preferred approach is to focus on well-established tech companies that pay solid dividends.

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Right now, the tech bellwether is getting solid scores from two of my guru strategies.

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Special Offer: Americans are spending big money on clean tech, from solar energy and solid-state lighting to biofuels and batteries.

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Santa Barbara has solid startup roots, hatching a number of world-class tech startups during the past 15 years, including: ValueClick, RingRevenue, lynda.com, Commission Junction, FindTheBest, Expertcity (creator of GoToMeeting), Sonos, Eucalyptus, Software.com, QAD and RightScale.

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Certainly, the company's reputation for solid products didn't hurt when it did something unusual for tech companies these days: It went public.

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Also, Life tech did not choose to de-emphasize sales of their SOLID, they had just singned a massive agreement with Hitachi, to which they promised a certain build volume.

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