RT Journal Article SR Electronic T1 Technology Investing JF The Journal of Investing FD Institutional Investor Journals SP 84 OP 93 DO 10.3905/joi.2002.319499 VO 11 IS 1 A1 William Ram Gursahani A1 Nancy E. Lichtenstein YR 2002 UL https://pm-research.com/content/11/1/84.abstract AB 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.