2005: a tough year for TMT

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It looks like this year could prove another difficult one for the technology, media and telecoms sec...

It looks like this year could prove another difficult one for the technology, media and telecoms sector. However, the bad news is not universal - the large caps are certainly looking at a rocky ride ahead, but there may be opportunities beginning to emerge for the more flexible players lower down the food chain. Jeremy Lodwick, chief investment officer at Framlington, says: "We expect to see plenty of good opportunities for stockpickers, particularly in the small and mid-cap areas. However, we expect 2005 to be tough year for the technology sector as a whole, with technology-based indices ...

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