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Any ideas on which companies are worth looking at. I have shares in MelbourneIT, which I think is a good company, but even at current prices look pretty expensive. They've got a good story to tell and probably will prove to be cheap at current prices in the future, but I think you would still be speculating if you bought now.

I'd like to take advantage of the current downturn. But, from my limited knowledge of the sector, most listed Tech companies appear to be still valued very highly.

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