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To: Lizzie Tudor who wrote (11158)4/19/2002 5:11:16 PM
From: fedhead  Read Replies (2) | Respond to of 57684
 
I think valuation of these tech companies are ridiculous
based on forward earning guidance. The only reason I can see see why people are holding on is that they don't want to realise their unrealised losses with the hope that they
will be able to unload at much better prices later on .
Problem is while they are waiting for techs o recove there are other sectors in the market that are zooming higher.

Anindo