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Strategies & Market Trends : The New Economy and its Winners

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To: stockman_scott who wrote (13262)	8/2/2002 1:22:47 PM
From: Lizzie Tudor	Read Replies (1) of 57684

This is ridiculous. Its just plain wrong. Can we get the Neilsen guys that the TV people use to help economists with their statistics? By contrast, business software outlays have declined at just a 5% annual rate over the same two-quarter interval. NO WAY. As a result, the software share of current-dollar IT budgets ballooned to 43.6% in 2Q01 -- an increase of nearly four percentage points in the past two quarters, alone. While the software share of total IT spending moved up especially sharply in early 2001, this merely continues a trend that has been under way for years; indeed, this share stood at a pre-bubble low of just 31.1% in 2Q95. Over the six years ending in 2Q01, software outlays accounted for fully 60% of the total growth in business IT spending. Make no mistake about it, the recently ended IT boom was more about software than hardware. I suspect that the software cycle will now follow the hardware cycle to the downside. Where has this guy been? Enterprise software is living on MAINTENANCE. No licenses whatsoever. The horse is out of the barn, so to speak, and the stock prices are around 96 levels because of it. sheesh L

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