# Professor Roy Smith discusses investors' pessimism in connection with technology stocks

1 Faculty News January 4, 2016 ![WIRED logo](/sites/default/files/styles/246w/public/assets/images/con_032348.jpg?itok=Wszefc-R)>

Excerpt from [WIRED](http://www.wired.com/2016/01/tech-stocks-plunge-as-markets-stumble-happy-2016/) -- "... That flagging optimism may, for good reason, extend to tech. For one, investors may be worried that overvalued tech startups could subject markets to more less-than-stellar IPOs, says New York University business school professor [Roy Smith](http://www.stern.nyu.edu/faculty/bio/roy-smith)."

[Read more](http://www.wired.com/2016/01/tech-stocks-plunge-as-markets-stumble-happy-2016/)