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When Is Tech Spending a Bad Idea?

Daniel Fleshbourne   on 24 September 2004 - 16:33 · 4 comments & 544 views

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Not expecting a rush of IT spending during the last three months of 2004, Hewlett-Packard Chairman and Chief Executive Officer Carly Fiorina said this week that IT buyers have become smarter and more discriminating in their IT purchasing than they were just five years ago, and that they now realize that technology spending can sometimes be a "bad thing." Speaking to a room full of financial analysts at the Banc of America Securities Investment Conference in San Francisco, Fiorina dismissed the idea that corporate budget surpluses would drive an IT spending increase in the fourth quarter of 2004.

"For each of the last three years and certainly this year as well, there's been a lot of talk that we're going to see a fourth quarter budget flush," she said. "I just don't see it happening."

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News source: PCWorld


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#1 v_magal on 24 Sep 2004 - 16:52
Bank of america? there like the mcdonals of banks theres one on every damn corner they aint got money
(2 replies) #2 SVT on 24 Sep 2004 - 16:56
But the Best Buy salesman told me Internet Explorer requires hyperthreading?
#2.1 rogerroger on 24 Sep 2004 - 17:25
LOL. Oops. I just laughed out loud in my cube! I don't know if you are being funny or stupid, but that is a funny post!
#2.2 petrolxl on 27 Sep 2004 - 23:16
LMAO!

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