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Enterprise Software Sales Dried Up In September 173

CurtMonash writes "As I predicted a week ago, it looks as if the third quarter was ugly for software vendors, due to the economic crisis. SAP said 'The market developments of the past several weeks have been dramatic and worrying to many businesses. These concerns triggered a very sudden and unexpected drop in business activity at the end of the quarter.' My old acquaintance John Treadway, who used to work in Sybase's financial services vertical unit, reports that things are even worse than that in the financial services industry, Wall Street and retail banks alike. So now what? Well, IT is a huge part of capital spending, and at enterprises that have to cut back capital spending, IT is going to get hurt. On the other hand, high-growth companies — Web businesses, analytic services providers, etc. — may try to power through the downturn. And the more directly an IT project affects near-term profits, the more likely it is to survive."

Comment Don't accept assignments that aren't passing (Score 2, Insightful) 881

My father teaches (admittedly on the college level), and in a number of his classes, he refuses to accept homework that is non-passing. Thus, in this situation, you would not have to assign 50% to those homeworks, since they are not turned in yet. Or, say that a requirement for a grade above F is to turn in at least 60% of all homework.

Stellar rays prove fibbing never pays. Embezzlement is another matter.