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Technology Stocks : George Gilder - Forbes ASAP -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Daisey who wrote (2484)	1/10/2000 9:43:00 PM
From: Charlie Smith	Respond to of 5853

...CSCO, INTC, TXN, MSFT to name a few were all too much five years ago but with the benefit of hindsight???? TXN was definitely not overvalued 5 years ago. I began buying it at 15 times earnings in the fall of 1993. It has now reached moderate overvaluation on its way, I believe, to a ridiculous multiple two or three years out. INTC still looks reasonable as well. AOL never sold at a decent price, but MSFT and CSCO came close a few times.