http://www.businessweek.com/technology/content/feb2004/tc2004024_4516_tc044.htm
The IT landscape seems to be losing its gloom as a slowly rising employment sun, obscured by fitful offshoring clouds, illuminates what appears to be a modest recovery. This does not mean that the frenzied boom of the late 1990s is back, and expansion hiring is still spotty. Whether offshoring will be offset by more higher- and differently-skilled positions is a moot point, given the difficulty of retraining, but the balance of the news is positive.
The fact that Cisco reports a modest improvement in earnings is taken as another indicator that infrastructure development is picking up speed again:
http://www.nytimes.com/2004/02/04/technology/04cisco.html
As network equipment ages, there is a natural cycle of replacement which should swing into action, and if capacity improvements are made along the way, so much the better.
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