http://brainstormtech.blogs.fortune.cnn.com/2008/07/21/banks-delaying-tech-purchases/ Fortune's tech team offers analysis and perspective on the world’s most important developments. Tue, 22 Dec 2009 03:43:12 +0000 http://wordpress.com/ hourly 1 http://brainstormtech.blogs.fortune.cnn.com/2008/07/21/banks-delaying-tech-purchases/#comment-5241 Andy, Virginia Tue, 22 Jul 2008 18:29:03 +0000 http://bigtech.wordpress.com/?p=1264#comment-5241 Good points made here. This is what makes tech companies good longer term bets, because when the economy does improve and companies start spening they will spend big. The demand will allow margins to grow and you will see a wave of M&A's. That is why <a href="http://www.savingtoinvest.com/2008/07/investment-portfolio-update-down-and.html" rel="nofollow"> my portfolio </a> contains a number of tech stocks (Goog, Apple, Brocade) for the longer term. Another big factor is government spending on IT, which will return once we are out of Iraq. All these forces will come together to create another tech bubble in 2010/2011. Good points made here. This is what makes tech companies good longer term bets, because when the economy does improve and companies start spening they will spend big. The demand will allow margins to grow and you will see a wave of M&A's. That is why my portfolio contains a number of tech stocks (Goog, Apple, Brocade) for the longer term. Another big factor is government spending on IT, which will return once we are out of Iraq. All these forces will come together to create another tech bubble in 2010/2011.

]]>