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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (71885)	2/1/2005 6:52:41 PM
From: stockman_scott	Respond to of 89467

Google 4Q Profits Increase Sevenfold story.news.yahoo.com

To: TigerPaw who wrote (71885)	2/1/2005 7:30:10 PM
From: stockman_scott	Respond to of 89467

Here are some insights from a new Merrill Lynch survey of 100 top CIOs... yahoo.reuters.com <<...Overall, CIOs lean against mergers. The primary concern is reduced competition, which can keep prices high. They are also concerned about higher maintenance costs, reduced product innovation and loss of vendors' focus as they get bigger. But they seem to be more bullish on Symantec Corp.'s planned acquisition of Veritas Software Corp. than investors have been, saying the companies' product offerings are complementary. Investors did not like the deal, sending Symantec's stock down 30 percent since merger rumors surfaced about two months ago. Software and storage are at the top of companies' technology wish lists in 2005, with services and computers lower priorities. Software has grown in importance as companies try to get more out of existing systems, using business intelligence, security and application integration software. Storage is still important as CIOs contend with new regulatory rules which require companies to preserve more e-mails and phone conversations. Personal computers, which had been in the middle of spending growth agendas, fell to the bottom. This is of particular concern to PC makers, as consumer spending on PCs is also expected to drop. Demand for services has weakened as many large companies have outsourced their operations...>>