Learning from the technology crash

For those technology investors that piled into the market at the start of 2000, watching the progress of their savings ever since has been akin to a high level freefall. Technology fund managers have naturally been scrambling for any kind of emergency chute ever since. Even though technology, media and telecom stocks enjoyed something of a surge in growth in the last months of 2001, the sector as a whole was still close to 40% down over the year. With that in mind, it is far too early to be pointing to a significant recovery in the sector. The recent progress has really resulted from ...