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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (12617)	7/9/2002 7:58:42 PM
From: paul_philp	Read Replies (1) of 57684

William, The executives I have spoken with recently all think that we are facing another 12-month downturn for the start of new projects. The big problem is that under close scrutiny large software projects are proving very hard to justify economically right now. There is also the unknown 'software license' inventory issue. One factor that will buffer the downturn is that much of the software purchased in 1999 had a three-year license. There will be a pickup in the software upgrade market. This will buffer but not buoy the downturn. Paul

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