[slime-cvs] TECHNOLOGY Sector UPDATE - (IT) Hiring UP 200%, S&P Opinion On TECH Sector, Ref. K444ue78

Lewis Rutherford sharleenbrest at logo2mob.com
Tue May 11 12:14:43 UTC 2004


Ref. 3678mR80

US Stock-Market - Systems Evolution, Inc. - SEVI

Symbol: SEVI
Market: NASDAQ/OTC.BB
Sector: TECHNOLOGY (IT)

TECHNOLOGY Sector UPDATE - (IT) Hiring UP 200% Since Last Quarter, S&P Opinion On TECH Sector...see below, THE BIGGER PICTURE

But first, some information on our spotlight company.

THE COMPANY
Systems Evolution, Inc. (SEVI) is a high-technology consulting firm with cutting-edge technologists and integration specialists.  Its seasoned staff, which includes former lead technical officers from other organizations, possesses considerable expertise and multiple certifications in technologies from such industry leaders as Microsoft, Sybase, Oracle, and Novell, as well as innovators such as Plumtree, SAP, and Actuate.


GROWTH THROUGH ACQUISITION
SEVI has acquired AXP Technologies.  This acquisition accelerates Systems Evolution's move into network security and computer support services for small to mid-size businesses (SMBs).  According to Systems Evolution, CEO, Robert C. Rhodes II, "The addition of AXP cements our commitment to delivering world class network security and computer support to SMB clients. Using their unique methodology, AXP assesses network security and support vulnerabilities, and assigns a score to weigh the assessed 'criticality' of a particular network service, resource, device, or process. This acquisition provides our mid-market and small business clients with a uniformed approach to viewing business systems' vulnerabilities and strengths and allows us to prescribe the appropriate support solution or mitigation measures."


THE BIGGER PICTURE
While SEVI is obviously a leader in Information Technology, it is the sector itself on which we care to focus.  In the end, any company is subject to its broader market, and the outlook for Technologies is very bright.


THE TECHNOLOGY SECTOR
Year-to-date, technology stocks have been trailing the broad market averages (with a 3 month Price Change of just 4.5%), but we believe that is about to change dramatically.  We note that such is also the view of Thomas W. Smith, Standard & Poor's senior investment officer and head of the analyst group covering information-technology (IT) stocks. S&P currently recommends that investors overweight the tech sector in their portfolios.  Smith attributes the softness to investors discounting good earnings reports and also worrying about the impact of a hike in interest rates, though he does point out that the second half of the year normally brings strong sales.


(IT) WORKLOADS INCREASING 
According to a new report from Robert Half Technology, (IT) professionals are shouldering more projects than they did one year ago. The Menlo Park, Calif.-based IT outsourcing firm asked more than 1,400 chief information officers across the United States how the workloads of their (IT) staff had changed in the past 12 months. Fifty-five percent said the number of projects in their IT departments had increased.


CIOs PROJECT INCREASE IN (IT) HIRING
Eleven percent of chief information officers (CIOs) interviewed for Robert Half Technology's Information Technology Hiring Index and Skills Report plan to add full-time staff to their information technology (IT) departments this quarter of 2004, while only 2 percent anticipate personnel reductions. Eighty-seven percent of survey respondents expect to maintain current staff levels in the upcoming quarter. The net 9 percent hiring increase compares with a net 3 percent forecast last quarter and is the largest net increase reflected in the survey since the third quarter of 2002.


You can get more information on SEVI at   http://www.systemsevolution.com


*Web-hosters in particular, please note that SEVI had absolutely nothing to do with this report and is not a participant in any way.


No more advertisements: felazarus at 2com.pl

Technology Tracker is an independent research firm. This report is based on Technology Tracker's independent analysis but also relies on information supplied by sources believed to be reliable. This report may not be the opinion of SEVI management. Technology Tracker has also been retained to research and issue reports on SEVI. Micro Electronic Ticker may from time to time purchase or sell SEVI common shares in the open market without notice. The information contained in this report shall not constitute, an offer to sell or solicitation of any offer to purchase any security. It is intended for information only. Some statements may contain so-called "forward-looking statements". Many factors could cause actual results to differ. Investors should consult with their Investment Advisor concerning SEVI. Copyright 2004 © Technology Tracker. Apartado 261-4005 Belen, Heredia, Costa Rica.  All Rights Reserved. Technology Tracker was paid four thousand dollars to distribute this report.

warn

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