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Technology Stocks : Intel Corporation (INTC)
INTC 40.57+0.1%2:53 PM EST

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To: Tenchusatsu who wrote (162733)3/21/2002 4:25:06 PM
From: Tony Viola  Read Replies (1) of 186894
 
Ten, one small piece of encouragement for IT spending eked out today, from Oracle:

15:52 ET Oracle Corp sees IT spending increase (ORCL) 13.15 +0.61: -- Update -- We are hearing from traders citing Bloomberg that ORCL's CFO says that the worst is over for IT demand, and sees spending increasing in the next 12-18 months.

Oracle's favorite platform is now Intel, not Sun. Hope they're right.

Tony
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