Technology eyes are smiling

Marlborough's Jeffrey Lum says the technology sector can offer handsome returns for investors

When Apple co-founder Steve Jobs proudly unveiled the company’s latest wonder product, the iPad, in front of the world’s media in January, it was not only the hardcore gadget enthusiasts who were smiling. If demand takes off for the touch-screen tablet computer, which is designed to fill the gap between smartphones and laptops, it will be good news for companies in the technology sector. Analysts calculate for every 1.5 million to two million iPads sold the demand for Dynamic Random Access Memory (DRAM) chips will increase by approximately 3%. That means bigger profits for the largest...