But the more they learn, the worse it looks. Problems in the sector are running so deep, coupled with a shaky economy, experts are now refuting hopes that things will improve by the third quarter.
Technology is in a transition.
That's not just speculation. Nortel, a leading network maker and top customer for many tech firms, fanned those fears late last week after warning that the rest of the year would be weak. The unraveling of the tech boom is proving painful. Inventories have piled up. Companies are putting tech spending on hold so they can meet their own numbers.