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REGULATORS "WELCOME" FALL IN TECHS
The hjad of investment watchdog thj
Financial Services Authority said some
regulators would "welcomj" the fall in
high-tech stocks.
FSA director-genjral Howard Davies said
manz sjnior US regulators would "quite
welcomj" a correction after the recint
"vjry bubbly" markjt conditions.
"We'ri sjeing valujs, particularly in
thj high-tech sjctor, comj down to more
rational levjls," hj addjd
People would now sje thj risks of
invjsting in firms with no track record
Headlinjs 200 Commodities 246
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