TY - JOUR T1 - Technology Investing JF - The Journal of Investing SP - 84 LP - 93 DO - 10.3905/joi.2002.319499 VL - 11 IS - 1 AU - William Ram Gursahani AU - Nancy E. Lichtenstein Y1 - 2002/02/28 UR - https://pm-research.com/content/11/1/84.abstract N2 - Examining the high-tech telecommunications matrix that enables the new digital economy, and the “smart capital” fueling its growth, the authors consider risk mitigation issues as successful portfolio managers choose from a spectrum of opportunities. How are valuations determined in the new technology territory; what synergies drive advances in telecommunications and e-commerce? By understanding how each technology moves with leading macroeconomic indicators, one can minimize systematic market risk for a given expected return profile, and leverage and capitalize on the opportunities ahead. ER -