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Technology Stocks : Hewlett-Packard (HPQ) -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (2925)	6/5/2003 6:59:00 AM
From: w0z	Read Replies (1) \| Respond to of 4345

Survey: Chief information officers more likely to spend tech budgets this year NEW YORK (Dow Jones/AP) -- Chief information officers are more likely to spend their technology budgets this year than last year, despite the weak economy and fear surrounding severe acute respiratory syndrome, or SARS. Based on a survey of 75 U.S. and 25 European CIOs conducted by Merrill Lynch, the investment bank found that corporations will likely spend on storage, security and enterprise resource planning software, while infrastructure upgrades, networking and consulting spending will suffer. In a research report Wednesday, Merrill analyst Steven Milunovich said interest in Microsoft Corp.'s new corporate operating system Windows Server 2003 is moderate, although one-third of respondents said they plan to adopt the OS in the next 18 months. He said that computer hardware and software maker Sun Microsystems Inc. is becoming a ``less important vendor for many users.'' According to Milunovich one-third of Sun users are considering moving away from Sun, although the company's strategy to embrace servers from Intel Corp. could stem that to 25 percent. As for tech buyers' perception of Hewlett-Packard Co. now that the integration of its merger with Compaq is complete, Milunovich said it has gone from negative to slightly positive. Milunovich noted that CIOs in the survey would prefer it if H-P did not buy a services company. bayarea.com Sun's proprietary processor strategy has finally caught up with them.