By Bolko Hohaus, manager of the Lombard Odier Invest Infology Fund For the third year in a row, ...
By Bolko Hohaus, manager of the Lombard Odier Invest Infology Fund For the third year in a row, the major technology indices are set to end the year in the red. Investors hoping 2002 would see a significant improvement after two years of poor performance are likely to be disappointed. In August, the Nasdaq 100 was close to 50% down on the year. Since then, the indices have recovered but remain volatile and the clouds over the technology sector still loom. Despite valuations coming down tremendously, the telecom equipment sector is likely to remain in trouble for some years to c...
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