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Strategies & Market Trends : Guidance and Visibility
AAPL 260.21+0.3%3:59 PM EST

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To: 2MAR$ who started this subject1/16/2002 4:00:52 PM
From: Teri Garner   of 208838
 
The new tech bubble

January 14, 2002: 4:23 p.m. ET

Tech stock valuations are higher now than they were before the bear market began two years ago.

By Staff Writer Paul R. La Monica

NEW YORK (CNN/Money) - Tech investors seem to have found some wormhole in the space/time continuum. That's the only way to explain the sector's performance in the past four months.

The Nasdaq is up 42.1 percent since Sept. 21 and tech stocks are once again grabbing all the market headlines. Investors ate up bullish comments from Cisco and Oracle last week. It's as if we've been flung back to those heady days of 1999 and early 2000 -- in more ways than you may
think.

money.cnn.com
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