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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (44974)	1/29/1999 7:40:00 PM
From: RealMuLan	Read Replies (2) of 132070

<<I have noted statements from Dell going all the way back to Nov. where they claim that the Y2K pc buy is not going to happen and they expect some market problems due to Y2K this year. >> Mike: here is a survey did in last Nov. on corporation IT spending. Not sure whether you already read it. Survey: IT spending to slow By Erich Luening Staff, CNET News.com November 19, 1998, 11:55 a.m. PT A recent survey of 75 Fortune 500 CIOs predicts that corporate information technology spending in 1999 is expected to slow, due to increased funding needed to tame the Year 2000 bug and other issues. .... The results indicate that on the whole, growth in corporate information technology spendingn in 1999 will slow to between 4 and 6 percent of total revenues, compared with growth of 7 to 9 percent in previous years. .... news.com

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