Are High Tech Stocks Headed For More Turmoil?

The recent rally may have shares overvalued again

Did tech stocks drop far enough last year to finally make them a bargain? Some investors clearly think so, because they're bidding prices right back up. Through Jan. 24, the Nasdaq Composite Index was up 15% in 2001, wiping out nearly a quarter of last year's horrendous 39% drop.

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