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To: Les H who wrote (108461)6/13/2001 12:04:29 PM
From: ild  Respond to of 436258
 
<<<The economic climate remains sour, according to a recent survey of technology executives by Deutsche Banc Alex Brown. "No one we spoke with is currently planning a second-half pickup in spending at this time," analyst Christopher Mortenson said of the survey, which polled 260 chief information officers late last month.

"The worst is probably not over yet," and spending in the second quarter of 2002 probably will be "as weak or weaker" than in the first quarter, Mortenson said.

Regionally, the United States fared worst, with server sales dropping 16 percent to $4.4 billion in the first quarter, IDC said. Japan slipped 12 percent to 2.1 billion, and the rest of the Asia-Pacific region increased 12 percent to $1.2 billion. Western European sales increased 16 percent to $3.8 billion
>>>
news.cnet.com

EDIT:


Tech picture not improving yet
By Sergio G. Non
Staff Writer, CNET News.com
June 13, 2001, 4:00 a.m. PT
news analysis Warning: More warnings ahead.

news.cnet.com