Get the App:
Terrence L. Ing
Last month, I traveled to Las Vegas to visit the world’s largest annual technology trade event, the Consumer Electronics Show (CES). My goals: Preview technologies and gadgets before they become mainstream, meet with corporate management teams and, on behalf of PIMCO clients, determine whether we are being fairly compensated when investing in investment grade (IG) bonds of technology companies, particularly those that are struggling with innovation or that have uncertain long-term technology paths. (Hint: Be careful.)
I came across a number of developing technologies (e.g., augmented virtuality, OLED TV sets, etc.), but didn’t see any particularly hot product category. I did see many old tech companies trying to launch “me too” products and disguise them as innovations.________________________________________
No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Pacific Investment Management Company LLC, 650 Newport Center Drive, Newport Beach, CA 92660, 800-387-4626. ©2015, PIMCO.
Are you sure you would like to leave?
You are currently running an old version of IE, please upgrade for better performance.