Microsoft: Sentiment improving for Techs
Reuters | at | by Mike
Microsoft's Chief Financial Officer John Connors said on Wednesday that investor sentiment toward technology stocks should improve as valuations return to "more normal and sane levels." "Psychologically, it's likely to improve more than it has recently," Connors said in a Web cast from the Credit Suisse First Boston annual technology conference in Scottsdale. The conference is closed to media. Although some technology stocks remain overvalued, Connors told attendees at the CSFB conference that investor sentiment should continue to improve.