We don't see the type of value in the sector that we saw six or seven months ago.
We believe you could reasonably expect 10%. We don't see anything that would change the long-term numbers.
Earnings growth is strong, interest rates are low, and the environment is positive for stocks. The market is shrugging off the fourth-quarter GDP number as little more than a blip on the radar screen.
The heaviest weight on the shoulders of investors shying away from the sector is the rise in oil prices potentially crimping consumer spending.
Some investors are waiting for economic confirmation so they can purchase tech stocks, but by the time you get the confirmation, you've already missed out on most of the rally.
A lot of smaller Internet companies have begun to prove their business models and are priced at levels that are more consistent with reasonable growth rates.
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