Posted on 07/30/2005 8:08:53 AM PDT by CAWats
Business spending on technology for the rest of this year will likely continue the pace of the first half. That means final figures will hit the $1 trillion mark for only the second time, joining the peak bubble year of 2000.
(Excerpt) Read more at investors.com ...
A direct result, I think, of the two USSC rulings that solved (in some ways) two of the biggest problems in tech. Whether it solved them the "right way" or not, the issue of IP and "last mile hookups" was holding up a new round of tech investment.
What are they spending it on? I thought is was all free?
Or outsourced...
i still want to know how much is cyclical since everybody and his brother bought all new stuff in 1999 getting ready for the Y2K bust and that moved every bodies buying and depreciation schedule into the same cycle... then we had 9/11 and that froze/held up alot of projects. so i wonder if we are in for quite large tech surges every four years or so now instead of the usual ebb and flow of the market till their cycles spread back out.
Me too. I was a busy man in the Houston area until the end of 2002, when I finished what was apparently the last development contract.
Now it appears that everyone's lining up to contact developers in India.
Nice tagline.
I had a contract with Continental Airlines in Houston until just before 9-11. This was right around when that hurricane hit. I was staying in a hotel in the downtown area and the power went out. I was staying on the 11th floor and had to walk up the stairs with no lights ... fun. I returned about a week later and they had these HUGE pumps going from the street to the sewers, weird sight for a midwestern guy to see. Liked Houston though.
As the article points out, it's certain sectors of high-tech that are growing: information security, storage, Internet communications and blade servers. Not every old high-tech sector will necessarily recover.
Actually, a lot of this growth is due to Federal laws/regulations (SEC, Sarbanes-Oxley, HIPAA), which require companies to maintain strict compliance/auditing/storage of all e-mails. The info security and storage hi-techs will make tons of money selling software/hardware to companies that must meet these Fed regulations.
Would you elaborate on this, please? I don't understand to what you are referring.
Thanks; its beauty is in its truth. I can't take credit for it, though. I got it from a fellow poster on another board several years ago, but he gave me permission to use it.
I hated Houston. The redneck drivers there all seem to think anyone not driving their speed should be blown off the road. I can see them getting frustrated with some little grandmother who won't go over 30 no matter what (and there's a lot of those), but if I'm already breaking the limit, most of them are on my bumper like a boil on the butt.
And that's just one aspect of the myriads of traffic problems. Now I live in a very small South Texas town, retired, and don't have to deal with that anymore.
Congrats! Someday in the (unfortunately) far distant future, I want to retire down in south Florida. I count the days.
Worse drivers I've come across so far were in New Jersey. Some of them are maniacs. Driving the turnpike is like being in a "Dodge 'em Car", it's unreal.
Free as in we own the code not Free as in 0-dollar support.. Clear enough?
Last mile wiring had to do with the case that as I understand it let the local phone/telecom companies keep their monopoly. I may have this backwards, but the point is that markets want firm rules, even if not always favorable.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.