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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Peter Singleton who wrote (45510)	2/3/1999 9:01:00 AM
From: RealMuLan	Respond to of 132070

<<Spending on PCs in the U.S. will jump to $71.56 billion in 1999, compared to $67.9 billion expected this year, Dataquest forecasted.>> This Dataquest forecast is directly contradicated to the survey did by Morgan Stanley in last Nov. <<A recent survey of 75 Fortune 500 CIOs predicts that corporate information technology spending in 1999 is expected to slow, due to increased funding needed to tame the Year 2000 bug and other issues. .... The results indicate that on the whole, growth in corporate information technology spendingn in 1999 will slow to between 4 and 6 percent of total revenues, compared with growth of 7 to 9 percent in previous years. .... >> news.com That was 11%-15% decline in IT spending compared to 1997 growth rate. I would trust the survey more, which at least is directly from CIOs, just my opinion of course.

To: Peter Singleton who wrote (45510)	2/3/1999 9:44:00 AM
From: Earlie	Read Replies (2) \| Respond to of 132070

Peter: A useful post on several fronts IT managers "are holding off on buying anything new for a time..." Sounds very much like comments made by this observer and MB as it relates to what each of us have garnered from separate sources in the corporate sector. "The hesitance to buy has more to do with product cycles than economic concerns" Of course. Just because capital budgets are being reigned in and earnings are falling and countries have imploded,......it's product cycle related. What utter drivel. WHAT product cycle might the man be speaking of? And, does it matter anyway? In spite of the above statements, our intrepid forecaster still expects "spending on PCs in the US will jump to $71.56 billion in 1999 compared to $67.9 billion expected this year" Quite a leap of faith, given the previous statements and his expectation that Windows 2000 will drive sales. More drivel Onward and upward in 2001, 2002, etc. Of course no reasons whatsoever to support this expectation Notice the "growth" expectation for the server market. (g) Oh, oh, there it is,....that "S" word,...."Saturated", and it is applied to the corporate sector. Sounds remarkably familiar to these ears. (g) Someone's pay cheque will be docked for that little keyboard error. (g) I loved his "advice" to the resellers. They never would have thought of this. (g) Best, Earlie