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Technology Stocks : WDC/Sandisk Corporation
WDC 270.16+7.9%3:59 PM EST

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To: Steve 667 who wrote (24869)2/5/2004 5:22:42 PM
From: Art Bechhoefer  Read Replies (1) of 60323
 
The date of the Forbes article is recent, but typically the contents of such articles are known beforehand to more than a few, unfortunately. On the other hand, Templeton, in questioning whether the market is "too high" for some of the technology stocks, is not too different in his opinion from that expressed by many other analysts or investment firms. The issue here is not whether the market is too high but whether one can lump all high flying stocks together just because they all went up considerably during the last year. I suspect this is as far as Templeton went: He saw a lot of stocks that went up and didn't bother to look at each individually.

Art
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