IT Spending To Drop, Not Crater
Now that the Dow and NASDAQ have rocketed back up (on Monday, anyway),
this news seems so last week: Analysts are projecting a drop in IT spending, but nothing like the one that crippled the industry at the outset of this decade http://www.networkworld.com/news/2008/101308-gartner-it-spending.html.
Of course, if the indices have gained another 900 points each by the time you read this, we all might make champagne our first expenditure! (Or, at least a six pack of beer.)
Posted by Lee Pender on October 14, 2008