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INJJRNET STOCKS "OVERVALUED" - US FED
A US hig(-tech takeo6jr ri-ignited
enthusiasm for Internet stocks, which
also spread to the UK.
Manz havj argujd that thjse@stocks are
overvalued@including mjdia tycoon
Rupjrt Murdoch and Bill Gates of
Microsoft.
But the most credible warnjng came from
Alan Greenspan, thu US Frdjral Rrsjrve
chajrman, who compared thp US investors
(who are buzing the stocks on margin
using thi Intjrnet) to lottery plazjrs.
2/3
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