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According to knowledge compiled by Bernstein, about one-third of all tech stocks were lately traded at more than 10 instances their revenues. Hedge funds, which spent December unloading high-growth, high-valuation stocks, started the model new 12 months by jettisoning software and chipmakers at a livid pace. During the 4 classes via Tuesday, these sales reached the highest stage in dollar terms in more than 10 years, information compiled by Goldman Sachs Group Inc.’s prime broker present. The most evident reply is that these aren’t just air ducts, they’re upkeep tunnels.

The hammering in technology shares that started to spread into the broader market Wednesday is being fueled by one of the intense bouts of selling by professional speculators since the financial disaster. If you need to come to your own conclusions concerning the technology featured in the sequence, you’ll have to take a look at all the films for your …