An LED light at the end of the tunnel?

10 years after the TMT crash, technology is more imbedded in our everyday life that anyone would have then dared forecast.

Not only it has improved to be a nearly seamless experience, but also it has gone mainstream. While technology has constantly been improving our standards of living over the last decade, it has been painful for investors. From their peak at the end of March 2000 to early March 2010, tech stocks have lost more than 60% in value, while world equities have been more or less flat over the period. Taken from the market bottom in March 2003, following the bursting of the dotcom bubble, they still lag global equities by nearly 15%. This long period of underperformance has left the sector mod...