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Tech Stock Valuation
book

Tech Stock Valuation

by Mark Hirschey
June 2003
Intermediate to advanced
271 pages
14h 54m
English
Academic Press
Content preview from Tech Stock Valuation
OTHER TMF PORTFOLIOS 61
traded between 105 and 135 and closed at 125, up 23 (or 22.55%) on trading
volume of 1,065,300 shares, again without any company-specific or industry
news. The sole bit of favorable news coverage on both days pertained to the TMF
buy announcement. Evidently, TMF followers are eager to embrace risk by
buying a stock that TMF itself described as grossly overvalued.
TMF also takes risk in the Rule Breaker Portfolio allocations. At various points
in this portfolio’s history, one or two stocks have represented huge slices of the
overall pie. In late-1999, for example, America Online (AOL) and amazon.com
represented roughly 70% of the ...
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Publisher Resources

ISBN: 9780123497048