Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Live2Sail who wrote (42497)	10/2/2005 11:42:13 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

The tech demand picture has been artificially depressed for a few years now" mean? Artificial? Sorry, artificial is probably not the right word. What I really meant was something of a morph between "temporary" and "excessive", in other words, IT tech demand hit a lull in the past few years which is unsustainable. That is just my opinion. There are a few reasons for the decline, but at least some of these reasons are turning out to be false... - the McKinsey report "IT doesn't matter" which encouraged companies to underspend on IT (implying there were no consequences) has been proven wrong at companies like Formfactor and others. I don't know if McKinsey will put out a formal report or not, but the bottom line is, the theme "IT doesn't matter" needs to be changed to "IT doesn't matter in a slowing sales climate" which is what we had for a long time but the minute that changed, those companies like Formfactor that had increasing demand fell apart - offshoring, which offshored not only staff but also demand for tech equipment (bit of a blunder there, if you are a company like Oracle that is big on offshoring but ALSO sells tech equipment, doh)- has turned out to not fulfill the original promises.