These software systems can navigate massive amounts of data to help streamline manufacturing and distribution, monitor inventories, and perform transaction management. Higher Productivity Technology has played an integral part in the economic prosperity enjoyed by the U.S. during the 1990s. It has helped increase productivity and curb inflation. We believe that the Internet should continue to fuel technological innovation for years to come as businesses of all sizes go online to increase distributions and boost efficiency. The value of information lies in its application.
Computer networks connect computers and peripheral equipment so that information can be shared.
As e-commerce evolves, the need for businesses to network with suppliers and customers should create strong demand for those companies that provide equipment and data networking services. You should be aware that a concentrated investment in technology stocks is riskier than a more diversified investment and that technology company stocks, especially those that are Internet-related, have experienced extreme price volatility. You should consider investing in more than one sector for a greater degree of diversification in your overall portfolio. There is no assurance that the projections stated herein will be realized. 1 More than 120 million people are online in the U.S. alone, and the number of online users is expected to dramatically increase in the future.