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| | Morningstar.com - ETFs: The Cheap, the Dear, and the Fairly Valued |
 | | Energy ETFs, which were the most overvalued funds when we first applied the price/fair value measure in May 2005, still look overvalued. |
 | | ETFs focused on chip and communications-equipment makers, such as iShares Goldman Sachs Networking IGN and iShares Goldman Sachs Semiconductor IGW, were about 15% overvalued on Nov. 30, 2005. |
 | | Each of these ETFs was among the most overpriced large- cap ETFs at the end of November 2005, with their shares trading about 20% higher than the value of their underlying components. |
| news.morningstar.com /doc/pfarticle/0,,exchangetradedfunds~,00.html?pf... (1546 words) |
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