Looking at the strong rally in technology stocks since the March 2003 low for the European equity ma...
Looking at the strong rally in technology stocks since the March 2003 low for the European equity market, one could be forgiven for thinking the good old days have returned. While the fivefold outperformance of Getronics, the essentially bankrupt Dutch IT services company, should perhaps be considered an outlier, other small to mid-cap technology companies with better financials such as Pink Roccade, another Dutch IT services company, and SEZ Holdings, the Swiss maker of semi- conductor equipment, have both outperformed the FTSE Europe index by more than 100% since then. Such stocks h...
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