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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Brad Davies who wrote (18227)	1/11/2002 8:14:18 AM
From: Tom Hua	Read Replies (2) \| Respond to of 19633

Brad, only 70%? I thought it's 96.3% 08:02 ET Merrill Lynch on Tech Strategy : Merrill Lynch's Steve Milunovich sees the majority of technology stocks as overvalued; firm makes the following observations in their Tech Strategy note: 1) if consensus est are correct, about 70% of tech names evaluated appear too expensive; 2) after adjusting for interest rates, tech looks less expensive when compared with the early-1990s; 3) overpriced stocks include MSFT, CMVT, LLTC, MXIM, ORCL, and inexpensive names include HWP and CSC. Regards, Tom