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Surveys Bullish on Tech Spending Growth

Piper added that because the survey showed that senior executives are very positive about spending, he has additional confidence that the expectations will actually be fulfilled. Surveys of lower-ranking employees can be misleading since their wishes may be vetoed further up the chain of command.

Both surveys are a switch from a much-less-positive IT spending poll published last fall by Goldman Sachs. "2005 forecasts are below this year's spending projections, pointing to low single-digit growth all over again," wrote Goldman analyst Laura Conigliaro.

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