One question has been on investors' minds for some time and may warrant further concern after the computer index hit a thirteen-year high on Friday: is the technology sector overvalued?
In what could be a sign of overheating, 13 tech IPOs were launched in the third quarter alone, according to PricewaterhouseCoopers' Global Technology IPO Review.
Meanwhile, Twitter's share price is trading around $45, nearly double its initial public offering price of $26.
According to a CNBC survey of chief financial officers (CFO) from Europe and Asia who make up the CNBC CFO Council, more than 83 percent of those surveyed saw valuations in the tech sector as being high. To boot, Morgan Stanley downgraded the Internet sector last month to "in-line" from "attractive," citing high valuations.
Do you think the sector is priced beyond its worth? Vote in our new poll and tell us what you think.
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