Can't Beat Tech Stocks: They Can Beat You
SPECIAL REPORT
NEW YORK--Are you convinced yet that not all technology stocks are winners? That maybe most of them are not? In fact, that many of them are losers?
Well, there is evidence for this cynicism from Morgan Stanley Dean Witter’s research department in its sixth edition of The Technology & Internet IPO Yearbook.
The 159-page report tracks the value of initial public offerings of tech stocks between 1980 and January 31, 2000. The analysts checked on the performance of 1,501 IPOs issued between January 1
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