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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (14023)8/2/2002 2:21:14 PM
From: Softechie  Read Replies (1) | Respond to of 19219
 
Liz, from the IT people I've talked to, they're slashing IT budget for next year...spend only on necessary items such as maintenance on machines and software leases on critical corporate systems. I believe more capex to get cut as well.



To: Lizzie Tudor who wrote (14023)8/3/2002 4:12:32 PM
From: russwinter  Read Replies (2) | Respond to of 19219
 
Lizzie, You're right, but if you note closely it seems the Roach article posted here is a year old, as it uses 2Q, 2001 figures (or at least uses dated data). So Roach was correct for what's happened since, as the sector has had another leg down. Not sure what the applicability of his prediction is now, after another full year of slack IT investment?


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