‘TECH RESURRECTION’ TO MEET A CHANGED TECH INDUSTRY: International Data Corp. predicts that a “tech resurrection” will occur in 2004, as worldwide information technology spending returns to solidly positive growth. But it warns, “The IT industry emerging from the market downturn of the past three years will not resemble the industry of the past 30 years.”

by L. Gary Boomer

by Seth Fineberg

by Gale Crosley

by John M. Covaleski

IT SECURITY SERVICES COULD BE A TOUGH SMB SELL: Despite a track record of vulnerability to information technology security breakdowns, fast-growth small and midsized businesses are not increasing their IT security spending, according to PricewaterhouseCoopers.Despite a track record of vulnerability to information technology security breakdowns, fast-growth small and midsized businesses are not increasing their IT security spending, according to PricewaterhouseCoopers.

by L. Gary Boomer

by Wayne Schulz

by John M. Covaleski

by Seth Fineberg

Washington -- The Securities and Exchange Commission adopted rules that would improve disclosure to investors regarding the nominating committee processes at public issuers, and also the ways by which stockholders may communicate with directors.

Washington -- President George W. Bush has signed bipartisan legislation offering tax relief for military men and women, including reservists.

New York -- Urging financial executives to become “role models for good corporate behavior” in the era of Sarbanes-Oxley, Securities and Exchange Commission chair William Donaldson reminded attendees at the Financial Executives International confab that they are an integral line of defense against corporate malfeasance.

by Seth Fineberg

Washington -- The Treasury Department and the Internal Revenue Service issued a notice and temporary regulations to prevent the use of trusts to accelerate deductions for liabilities that a taxpayer is contesting.

New York — In a meeting in late November with the partnership of Big Four firm KPMG, former Securities and Exchange Commission chair Arthur Levitt said that auditors must make the investing public their top priority.

MICROSOFT VAR TECTURA GETS $12M FOR ACQUISITIONS: Tectura, a Tempe, Ariz.-based reseller for Microsoft Business Solutions, has received $12 million in financing from venture capital firm Pequot Ventures that it will use to make acquisitions.

by L. Gary Boomer

by Sheldon Needle

PC DISPOSAL COSTS CAN BE HIGH: Enterprises selling personal computers after three years of ownership receive 3 percent to 5 percent of the original equipment price. However, they would still incur net disposal costs of between $85 and $136 per personal computer, depending on the disposal method, according to a report from technology industry watchers Gartner Inc.