Beaten-up tech stocks to feel more pain, investor Paul Meeks predicts

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The tech-heavy Nasdaq is on pace for its steepest monthly decline since January 2016, but veteran investor Paul Meeks isn’t ready to jump into the wreck for bargains just yet.

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Meeks, who ran the world’s biggest tech fund for Merrill Lynch during the dot-com boom and subsequent collapse, is predicting more trouble due to a powerful shift in the market.

“What we…

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