Tech looks expensive.“Tech walks the line”
Even assuming huge growth, tech valuations look stretched.
By Justin Lahart
“NEW YORK (CNN/Money) – Investor disappointment in Oracle’s latest quarter may reveal just how vulnerable this year’s rally in tech stocks is. ”
– I have heard this so many times before and other then when the bubble burst it has never really seemed to matter. I think the same will happen now, at least in the short term. More often then not, to me, tech valuations seem to be the result of brand and reputation more then earnings potential. Only time will tell is this is the case this time or if it all will come crashing down. -ed