Tech's Best Hope: Pockets of Prosperity

Within the industry, some sectors will outrun others. And within sectors, only some companies will benefit. But 2002 sure will beat 2001

Ask PeopleSoft Senior Vice-President Michael Gregoire about the technology industry's prospects in 2002, and he says it's looking like a year in the doldrums, with little real growth. "There's still a lot of caution and scrutiny going into capital expenditures," says Gregoire, who heads the business software company's 3,300-person consulting unit.

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