IT Tech Spending Q1 and Q2 2009

March came in strong. However, still experienced a negative qrt over qrt for Q1 but it could have been much worse. With budgets finally finalized March came back strong enough to even give us some spill over into April. We are already a tad over 30% over Q2 forecast. Caution remains but optimism dared to show itself.

• Nervous about the fate of Sun's Java under Elison. A double edged sword;
• Brocade is stumbling with Foundry partners and clients;
• Qlogic may win due to the Emulex scoop by BroadCom;
• Solarwinds - I bright star on the horizon - their post IPO perf. should be very good;
  
• F5 is looking good with v10 and their re-embracing of their partners;
• Enterprise Security sales are okay but net profits are still poor;
• 3PAR had uphill battle with the enterprise - not as easy as their success in managed services;

FCI
Fizz