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.

Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: Dorine Essey who wrote (4841)	3/23/1999 2:31:00 PM
From: Robert Scott Diver	Respond to of 8218

To: +Sydney (13055 ) From: +Cy Tuesday, Mar 23 1999 1:26PM ET Reply # of 13056 Dataquest: IBM Overtakes Oracle In Database Race techweb.com

To: Dorine Essey who wrote (4841)	3/23/1999 2:36:00 PM
From: Robert Scott Diver	Read Replies (1) \| Respond to of 8218

To: +victor (54481 ) From: +victor Tuesday, Mar 23 1999 6:32AM ET Reply # of 54580 DATAQUEST - Spending trends in IT favour IBM (and CPQ) not DELL. Borrowed from Yahoo Club thread - apologise if already posted. _____________________________ Mar 22 1999 11:03PM EST Bloomberg News Mar 22 1999 7:34PM ET Info Tech Spending to Rise to $2 Tln in 2003, Dataquest Says San Diego, California, March 22 (Bloomberg) -- Spending on information technology will rise to about $2 trillion by 2003, almost double the annual $1.2 trillion spent now, as companies spend more on consultants to set up and operate computer systems, according to market researcher Dataquest. Computer services will be among the biggest growth areas in technology in the next five years as companies turn to experts to handle increasingly complex computer systems. Sales of computer hardware, -- the machines themselves -- will grow much more slowly as prices continue to fall, Dataquest said. The prediction is good news for companies like International Business Machines Corp., which is getting more into services to offset slowing sales of computer hardware. It's bad news potentially for companies like Dell Computer Corp. and Hewlett- Packard Co., which have much smaller services organizations. Dataquest made the forecasts at a conference in San Diego. ''Information technology services is booming,'' said Davis Blair, an analyst at Dataquest. Dataquest expects computer services revenue to double to $800 billion in 2003 from $400 billion today, growing at about 13.9 percent a year from now until 2003. Sales of computer hardware are expected to grow just 6.4 percent a year during the same period, by contrast. Slowing hardware sales are already taking their toll on some computer companies. Dell shares fell today amid concern that sales are slowing. Though the number of personal computers and more powerful server machines sold is still rising, revenue from those machines is slowing because of deep price cuts. Dell is trying to keep sales growing by offering higher powered machines and by getting into the market for machines that store massive amounts of data. Rival Compaq Computer Corp. bought Digital Equipment Corp. last year, mostly to get its big services organization. Dataquest analysts say the computer market will get even more competitive in coming years as more consumers use the Internet to compare prices, creating an auction environment and driving down prices. Already, there are companies selling PCs for less than $500. Some are experimenting with giving the machines away, hoping to make money on advertising that appears on the machine's screens. Dataquest, based in San Jose, California, is a unit of Stamford, Connecticut-based Gartner Group