 OUR TAKE -
Time for an Upswing
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| Lasting Impressions:
An optimist stays up to see the new year in. A pessimist waits to make sure the old one leaves.
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Bill Vaughan
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It doesn't take a rocket scientist to conclude there is far more bleak news than good news these days. In fact, it seems difficult to find an upbeat prediction anywhere. Each report of the dire condition of the economic outlook feels more like simply "piling on." I'm a bit tired of it.
So from this small corner of the world, let me offer a little balance. Let me first say I am not an economist nor am I a fortune teller. But I offer some predictions based on historical certainties. Not trends, certainties.
First prediction: Although the downturn was swift and sharp, we will see a corresponding upswing. A seismologist can predict with 100% certainty that an earthquake will happen but they can not precisely say when. Likewise, guaranteeing an economic upswing is child's play. Determining the time is the work of debating experts.
A few experts believe the upswing will be dramatic and quick. Why? Pent-up demand. More on that tomorrow. That's my take. What's your take?
Gary Lemke, Publisher
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| Stock Ticker |
| NetSuite | 7.89 |  | 0.3 |
| ICT | 4.79 | | 0.1 |
| Selectica | 0.42 | | 0 |
| CDC | 0.94 | | 0 |
| ClickSoftware | 2.66 |  | -0.02 |
| Rainmaker | 1 | | -0.02 |
| Amdocs | 18.44 | | -0.38 |
| LivePerson | 1.97 | | -0.05 |
| Teletech | 8.05 | | -0.21 |
| Oracle | 17.58 | | -0.47 |
| Epicor | 3.42 | | -0.1 |
| SPSS | 26.74 | | -0.82 |
| eLoyalty | 3.48 | | -0.11 |
| HP | 35.21 | | -1.12 |
| APAC | 1.52 | | -0.05 |
| Pegasystems | 13.95 | | -0.48 |
| Vignette | 7.56 | | -0.31 |
| NICE | 19.77 | | -0.83 |
| Interactive | 6.9 | | -0.32 |
| SAP | 36.9 | | -1.71 |
| Astea | 2.01 | | -0.1 |
| Convergys | 7.63 | | -0.39 |
| Sykes | 15.57 | | -0.88 |
| Tekelc | 12.64 | | -0.73 |
| Chordiant | 2.92 | | -0.19 |
| RightNow | 8.38 | | -0.57 |
| NCR | 10.37 | | -0.73 |
| SupportSoft | 1.84 | | -0.14 |
| Salesforce | 26.85 | | -2.07 |
| Unica | 4.4 | | -0.35 |
| ATG | 2.15 | | -0.25 |
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As of 4:00 p.m. on 2/10/09 |
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