This is exactly what IBM went through during that time frame.
More Quotes from Bob Djurdjevic:
You put it all together and what it tells me is they're losing more business than they're selling. And that's a worrisome sign.Bob Djurdjevic
These companies, in their own way, all are in trouble and cutting back their capital spending and budgets, and that's why the IT services vendors are feeling the pinch as well, ... That cannot be said of the small and medium-sized enterprises, which is typically Sun's bread-and-butter marketplace.
Bob Djurdjevic
Overall, IBM hit the first quarter on the button. The company is on the slow track to improvement.
Bob Djurdjevic
The way I would characterize what I saw today is, they're on a slow path of improvement. It's not a sprint.
Bob Djurdjevic
That's been the sales pitch I've been hearing from all these companies.
Bob Djurdjevic
Readers Who Like This Quotation Also Like:
Praying is like a rocking chair - it'll give you something to do, but it won't get you anywhere.Gypsy Rose Lee
The object of pure physics is the unfolding of the laws of the intelligible world; the object of pure mathematics that of unfolding the laws of human intelligence.
James Joseph Sylvester
I don't think anything's underground anymore. And I think that's a good thing. Everything is up for grabs.
Colin Greenwood