In the highly volatile telecommunications-service industry, for example, service resellers are adapters.
Last week, though, black clouds gathered over two volatile sectors, telecommunications and e-commerce, and investors started to bolt.
By design, then, wireless funds are likely to be more volatile than telecommunications funds, just as many Internet funds have proved to be more volatile than broad technology funds.
The move comes as the company struggles to survive in the increasingly volatile and competitive telecommunications industry.
The move comes as the company struggles to survive in the increasingly volatile and competitive telecommunications industry that was created after the breakup of AT&T's near-monopoly in 1984.
Volatile businesses like high technology and telecommunications, once at the vanguard of economic growth and stock gains, are also struggling.
The companies in our sample are typically large (6,000 employees, on average, and median annual sales of $430 million) and compete in volatile sectors: Financial services, information technology, telecommunications, and oil and gas are among the most highly represented.
Shannon K. O'Neil, Senior Fellow for Latin America Studies at the Council on Foreign Relations, told me that while Mexico faces many challenges, including a volatile global economy and implementation of the oil, telecommunications, education and finance reforms, the biggest of all is the rule of law.
Applied Micro has focused on the telecommunications market, and so it has been particularly volatile in recent years.
