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	<title>AllThingsD &#187; Voltaire Ltd.</title>
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		<title>RBC: Sees IT Spending Eroding; Downgrades, Cuts Estimates on Many Tech Stocks</title>
		<link>http://allthingsd.com/20080925/rbc-sees-it-spending-eroding-downgrades-vmw-qlgc-volt-xrtx-cuts-ests-on-many-other-tech-stocks/</link>
		<comments>http://allthingsd.com/20080925/rbc-sees-it-spending-eroding-downgrades-vmw-qlgc-volt-xrtx-cuts-ests-on-many-other-tech-stocks/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 13:03:01 +0000</pubDate>
		<dc:creator>Eric Savitz</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=4265</guid>
		<description><![CDATA[RBC Capital got religion this morning on the slowdown in IT spending, cutting ratings on four stocks and slashing estimates and price targets on a host of others.]]></description>
			<content:encoded><![CDATA[<p>RBC Capital got religion this morning on the slowdown in IT spending, cutting ratings on four stocks and slashing estimates and price targets on a host of others. The multiple moves boil down to this statement, which is repeated in most of the individual reports this morning: &#8220;We are taking a more conservative stance across our coverage universe to reflect a degrading environment for global IT spending.&#8221;<br />
<a href="http://blogs.barrons.com/techtraderdaily/2008/09/25/rbc-sees-it-spending-eroding-downgrades-vmw-qlgc-volt-xrtx-cuts-ests-on-many-other-tech-stocks/"><br />
Read the rest of this post</a></p>
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