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Jan 31, 2005

Tech investors still wary

Following failed growth expectations earlier in the decade tech investors have remained cautious despite the upturn

Poorer but wiser. That’s how technology investors – those who didn’t realize they were backing near-crazy growth expectations and failed to bail out – would probably describe the lessons learned after the disaster-strewn meltdown of 2000. Even experienced fund managers caught the technology contagion; a few of them had the front to hang onto earlier cash bonuses, to the anger of many private investors who had no such safety net.And yet, four years on, the tremor of bulls’

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