in contrast, alphabet currently trades at 46 timeearnings, netflix trades at 109 times earnings,mandn trades at a whopping 130 times earnings. facebook had traded at a bigger emium to the market before investors sold shares off in the past few months as the company was embroiled in a data privacy scandal and now trades asset just 2 times earnings. e issue is whether or not the valuations for many of the companies is justified given the outlook for profits and theco overallmy. and the current selling pressure in the markets is the manifestation of the revaluation process taking place. for nightly business report, i'm dominic chu. >> so can the market tur around d turn higher without the help of the big techtos? sarah malik is head of the global equities division at nufen, the investment management of tiaa. welcome, sarah nice to have you here. >> thanks for having me. >> i guess that is the question. can the market turn higher andn ue to move higher without the participation of some of those tech stocks? >> we think that it can, because some ofhn the togy stocks are actually priced for