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Technology Strategy:
Reflecting on the Past, Focusing on the Future A Smith Barney White Paper
www.smithbarney.com
Abstract:
In this report, we offer our thoughts on the Information Technology (IT) sector and discuss
some of the factors that we believe may impact performance. We discuss how changes in the
growth profile of the sector have altered our stock selection criteria and highlight those
companies we think investors should have exposure to over the next twelve months. We see
opportunities across all market capitalizations, although we believe valuation multiples appear
most attractive in larger-capitalization stocks.
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