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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (113841)	10/17/2000 12:40:49 AM
From: Tony Viola	Read Replies (2) \| Respond to of 186894

John, thread, good article about a Gartner Group study posted by Piotr on the Compaq thread. Some comments: This application is a fast growing user of servers like Industry Standard Intel Based: Gartner said another rapid growth area would be so-called application service provider (ASP) industry -- companies that rent software-based business services to other firms over the Internet -- the collective revenues of which are poised to skyrocket to $25 billion in 2004 from $1 billion in 1999. This one too: McGee predicted that more than half of future corporate technology spending will be for functions beyond traditional "back office" bookkeeping, either for "front office" business activities or on technology to connect with other companies. Take away some of the bullsh*t spending and spend it on technology instead: Increased technology spending will come at the expense of some existing corporate activities, McGee said. He predicted that as much as 30 percent of corporate budgets spent on mass-market advertising, direct mail or other marketing would shift into technologies that allow pin-pointed customer sales. Last and best: do away with analysts: By 2010, stock trading will not be based on Wall Street's ritual demand that a company meet financial analyst earnings estimates, but rather on the company's ability to close its books and announce earnings per share on a daily basis. Message 14593261 Tony