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February 27, 2008
Goldman: Tech Cos Are on Ether
New Goldman report out today pointing out how slow software companies are being about trimming numbers in the current quarter. It's not that they're unaffected, but that they're just being unduly optimistic in a weakening economy.
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There's really no way to know whether the optimism is warranted or not, unless the Goldman analysts have just returned from the future in their fabled time machine.