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Politics : Ask Michael Burke

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To: Sanjay Mazumdar who wrote (96925)	7/23/2002 10:39:31 PM
From: Amir Shalit	Read Replies (1) of 132070

Sanjay, Tech are cheap??? Relative to what? Most don't make money and never will make money ever again. A tiny group that makes some money (e.g. MSFT, ORCL, CSCO, INTC) is not cheap. SOX was 150 in mid '96 and it's twice as much now while fundamentals didn't improve. Drags are cheap or at least attractive. Amir

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