By Mohamed Ali Bernat The tech sector has taken such a beating over recent months that there is lit...
By Mohamed Ali Bernat The tech sector has taken such a beating over recent months that there is little point moving to defensive stocks now, according to Alan Torry manager of the £213m SocGen Technology unit trust. He added: "The sector is fraught with difficulties at the moment and I think that it is too late to move into defensive areas such as software services company EDS, which, like pharmaceuticals in the US, tends to go up when the rest of the market is falling simply because the money has to go somewhere." Torry said there are much better opportunities to be had by being a litt...
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