The Softness in Software

After a number of disappointing first-quarter earnings reports, S&P's Jonathan Rudy is cautious about the sector overall

There's a bit of gloom in the software market these days -- but a few bright spots to offset it, in the view of Jonathan Rudy, Standard & Poor's analyst of software stocks. Rudy reports there have been a surprising number of disappointments from software companies preannouncing their earnings for the first quarter because of delayed deals and concerns over the global economy.

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