There is nothing like an economic crisis to bring highly valued technology stocks back to earth. The flight to quality that follows usually hurts companies with stretched valuations the most, as investors worry about a collapse in the growth rates that have supported their high prices.
沒有什麼能像一場經濟危機那樣把高估值的科技股拉回現實。危機後投資者逃向高質量資產，通常對估值過高的公司的打擊最爲嚴重，因爲投資者擔心支撐高股價的成長率會大幅下滑。
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