information technology sector report page 1 32 ma wright fund spring 2002 prepared by jeanine chen ravi patel robert schaefer february 06 2 6 executive summary for the first time in over a year signs of rebounding economy have finally surfaced we believe past that has continued to remain relatively strong despite negative events some which include sluggish september 11 th and war afghanistan it is our feeling main impetus economic recovery lies increased consumer strength however businesses are still reluctant start spending on capital equipment inventories expect market rally begin see upward trends markets well into second quarter fed s decision not further reduce interest rates signal will rebound with recent earnings upgrades pullback stock prices bound created an attractive investment opportunity spread between forward yield
