Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (50670)	7/9/2004 1:16:37 PM
From: stockman_scott	Read Replies (1) of 89467

Software firms stumble in second quarter news.com.com <<..."Companies intend to spend a lot on software, but they just didn't feel like doing it right now," said Patrick Mason, an analyst at Pacific Growth Equities. When big companies do decide to buy, they're hunting for greater discounts, which further erodes software makers' profits, said analysts. The trend started several years ago and isn't expected to stop anytime soon. In a recent Forrester Research survey of 25 IT managers in companies with at least $1 billion in annual revenue, roughly half expect discounting to continue through 2004 and in the foreseeable future...>>

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