The market was overly optimistic about the strength of a recovery in technology spending. The recovery is quite subdued. Things are improving but it is extremely gradual. -Trip Chowdhry

 

The market was overly optimistic about the strength of a recovery in technology spending. The recovery is quite subdued. Things are improving but it is extremely gradual.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 8 total Trip Chowdhry quotes in our collection. Trip Chowdhry is known for saying 'The market was overly optimistic about the strength of a recovery in technology spending. The recovery is quite subdued. Things are improving but it is extremely gradual.' as well as some of the following quotes.

The market was overly optimistic about the strength of a recovery in technology spending. The recovery is quite subdued. Things are improving but it is extremely gradual.

Trip Chowdhry

This should have happened a year and a half ago, ... If the deal had been done then, the synergies and market share wins would have been so phenomenal that SAP and Microsoft would not have taken market share away.

Trip Chowdhry

They are taking time to build their SOA middleware platform. They are acquiring companies that have good technology, and they are trying to capture the 'day-after-tomorrow' market.

Trip Chowdhry

The most important thing to realize is that Salesforce.com will need to create more data centers.

Trip Chowdhry

$26 a share is a fair value for PeopleSoft. If this deal doesn't go through, PeopleSoft's stock will start going back towards the levels before the original merger was announced.

Trip Chowdhry