Advanced Micro Devices Inc (AMD)

[rupert]

A case for tech valuations
17 Jan 2006

There are pockets of exuberance, but it's not clear the whole sector is overpriced.



Marc Gerstein
Director of investment research
Reuters.com

After the 2000-02 tech-stock collapse, many resolved to be more diligent about stock valuations. Now, with some wondering if the current cycle has reached maturity, we'll need a solid justification for such recent 13-week tech moves as Advanced Micro (AMD), up 61.1 percent, Apple (AAPL), up 58.5 percent, Google (GOOG), up 57.4 percent, JDS Uniphase (JDSU), up 49.5 percent, Marvel Technology (MRVL), up 48.1 percent, Palm (PALM), up 31.7 percent, or Broadcaom (BRCM), up 30.9 percent. Pockets of exuberance may, indeed, exist, but it's not clear there's enough evidence to indict the sector as a whole.



http://dai.investor.reuters.com/Article.aspx?docid=8882&target=screeningmarket