Technology >> Sector Roundtables >> August 9, 2004


ROD W. BARE is a stock analyst with Morningstar, covering the computer hardware industry. Before joining Morningstar in 2003, he was an investment banker at Deutsche Bank Securities. Mr. Bare has a bachelor's degree in economics from Illinois State University and an MBA in finance and statistics from the University of Chicago. Prior to business school, he was an information technology consultant and was trained as a network systems specialist in the United States Air Force. Profile
ANDREW SCHROEPFER founded Tier 1 Research in August 2000 after four years on Wall Street. Most recently, Mr. Schroepfer was a Vice President and Senior Equity Analyst with Goldman Sachs, covering the Internet infrastructure services sector. Prior to Goldman Sachs, he was with U.S. Bancorp Piper Jaffray where he covered communication service providers as a Vice President and Senior Equity Analyst. Mr. Schroepfer is an honors graduate of St. John's University, having earned a BA in Economics and Accounting. He has been quoted in numerous worldwide publications such as The Wall Street Journal, The New York Times, Red Herring, USA Today, Washington Post, Business2.0, CFO Magazine and Interactive Week. Mr. Schroepfer has been interviewed on such television and cable programs as CNBC, CNNfn, the Nightly Business Report and various ABC-affiliate programs. He has also provided expert witness testimony on data center issues. Profile
TWST: Rod, as you look at the enterprise hardware space, what has gone

on from a business perspective so far this year?

Mr. Bare: There has been some recovery in IT spending on servers