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A tailwind for tech

With the Q1 earnings parade just starting this week, Wall Street will be listening for whatever financial guidance it can get from companies about the current quarter as well as the rest of the year. For tech vendors, there should be a strongly bullish tone in those comments. The reason? Their customers are ready to spend again. In a just-completed 451 Research survey, IT buyers indicated that their IT budgets are at a half-decade high.

Brenon Daly

Research Director, Financials