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Is tech cheap yet?

Time: 00:00 EST/05:00 GMT | News Source: CNN | Posted By: Robert Stein

Sanders mentions Microsoft as another dominant tech stock that is worth a look now. At the beginning of the year, Microsoft was trading at 32 times 2003 earnings estimates. Now? Its multiple is 26. And considering that the company's stockpile of cash keeps increasing, Sanders says you could argue that Microsoft is in better shape now than a few months ago.

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