Excuse what's about to follow but it may be pertinent to...

Excuse what's about to follow but it may be pertinent to some...or not!

Anyway...yesterday I posted on another thread that I'm quite green to tech sector...more commodity/staples/financials kind of skew.

Why the aversion to tech? Basically because I thought it a sector more suitable to investors with specialised knowledge...science/engineering/IT etc. type backgrounds...maybe new gens and the like.

On an unrelated board the issue of P/E was raised in the negative which caused me to do a little google.

Found this which I thought worthy of a post for other newbs.

" By Richard Hemming, Under the Radar Report

Technology stocks are the Ferraris of global sharemarkets because they are able to generate extreme levels of growth with relatively low risk, once they get going.

We are talking about earnings growth in excess of 20 per cent a year over many years, which should involve little in the way of capital expenditure to maintain. When you think about the current 2-3 per cent growth rate of the Australian economy, and the global economy being closer to 2 per cent - to which most companies' prospects are tied - this technology stock feat is even more impressive."

Here's the link if of interest:

http://www.asx.com.au/education/inv...-high-pe-stocks-that-are-still-good-value.htm

May be obvious to those in the know... but I wasn't one of them...so thought worth the share although not specific to us it assisted me in assessing where NUH sits in the broader market.

Ok...now back to watching the infernal capping antics....sigggh!

Cheers