If investors are irrationally overvaluing hot young web startups, they may be irrationally...

|By:, SA News Editor

If investors are irrationally overvaluing hot young web startups, they may be irrationally undervaluing aging tech giants. Big techs may be uncool, but many shouldn't be; IBM and HPQ, for example, project profits to grow 11% a year through 2014, and even MSFT is adapting to the post-PC age. At some point, "investing in big tech will seem like a good idea in practice, and not just in theory."