IT sector will be down

--financial sector is the largest corproate consumer, nearly one quarter of technology spending --So far, the fallout in the tech sector has been a drip, drip, drip, rather than a flood. On Oct. 16, IBM announced its largest customer group, big banks and brokerage firms, was pulling back on buying the large software programs and mainframe machines used for massive, complicated calculations. Cisco, EMC all reported similar issues.