Thomas Victor

Outsourcing Grows as a Business Strategy

The IBM Amway deal is the other way around. Amway GMBH's computer work is being outsourced to IBM - IBM is not outsourcing anything to Amway.

Amway is the company that goes around door to door selling cleaning materials. I was thinking - what can Amway do for IBM??

But I agree that we will see increases in outsourcing, I think it will come due to desperation - as demand keeps falling, US companies will do anything to decrease costs

Tech Sector Spooky, Nasdaq Down 14.7% Since Halloween Peak

At the lower prices, people are buying INFY and CTSH today, CTSH ended up 4.57% on more than normal volume.