back when i used to work as an analyst, i met with cognizant technology manangement and loved the story. gordon coburn, the cfo new his stuff and delivered on the goods. now the stock is at a 52 week low and is still the de-facto leader in the it outsourcing pack. so they run a tight ship, get paid in rupees, (which is good vs. the dollar) outsource their work at cheaper rates, and still they are struggling. does this tell you something about tech spending going forward for the us? budgets are tightening...
i may have to revisit ctsh in a few quarters to establish an entry point.
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