Tech Was Resurgent Pre-Crisis

Much of the expected growth from emerging markets and technology has been scaled back in recent industry outlooks. Zacks senior technology analyst Abdul Saleh spoke with us recently to help reorganize our tech stock priorities. Prior to the full-blown U.S. economic crisis, had the tech industry outlook been turning more positive? The tech industry as a whole has experienced cyclical turns since the bursting of the Internet “bubble” and it has been difficult to find a sector which has provided positive investment returns on a consistent basis. Recall that in one of our earlier conversations on Nov. 29, 2007, we had broken up the share price performance for companies in my coverage area for the period Nov. 2006 to Nov. 2007. We had found that, with the exception of the companies in the Business/Application Software sector,... [read full story]