“We'd concur that '06 is not going to be a gangbuster year for increases in tech spending. Everybody's still waiting for a strong recovery after the 2000 bust.”
“This is the best tech durable goods report we have seen in a while. The book-to-bill increased to 1.07, the best figure since September, while the inventory-to-shipment ratio was flat at 1.14.”
“There's increasing concern about earnings at tech companies, which haven't really shown any signs of a recovery.”
“High-tech issues are surrounded by persistent fears over possible profit warnings as we get closer to the mid-year book closing in September.”
“Deteriorating economic conditions and the rapid decline in the high-tech and other durable goods industries have increasingly affected FedEx Express volumes,”
“I'm not a candidate. That's message-board stuff. They've got me going everywhere this year. I'm a Georgia Tech guy.”
“There's a broad sell off. The later part of the year normally is meant to show gains for the tech sector. There is nothing positive in the market to drive up shares.”
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