Staggering losses in the Nasdaq composite are encouraging some to begin long-term reinvestment in top technology names, while raising caution among others for further losses yet. Sean Martin, trading director at A. Gary Shilling, believes that the losses have taken the risk out of technology blue chips, that the market is over-anticipating the length of the economic slowdown. "The market has priced in a recession or at least zero growth, but I think it will begin to look beyond this year. I think investors will begin to look at some of these stocks that have really gotten hammered and realize that in the next two or three years they offer value," Martin said.