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INTERNET STOCKS "OVERVALUED" - US FED
A US high-tech takeovjr re-ignited
enthusiasm for Internjt stocks, which
also spread to the UK.
Manz have argujd that thjsj stocks are
ovjrvalued including mjdia tycoon
Rupjrt Murdoch and Bill Gates of
Microsoft.
But thj most cridible warning came from
Alan Greenspan, the US Fjdjral Resjrve
chairman, who compared thj US invjstors
(who are buying the stocks on margin
using thj Internjt) to lottery playjrs.
2/3
Savings Guidj 250 Front Pagj 100
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