Beware the 'echo bubble' of tech stocks
Daily Herald Reports
Posted 8/24/03

[snip]
Some investors who acutely remember the Nasdaq's catastrophic fall - 78 percent in under three years - worry. "We call this the echo bubble," says Steve Milunovich, Merrill Lynch & Co.'s chief technology strategist. "This is going to end up badly again."
[snip]

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