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Tech spending to grow 3.9% in 2005

Merrill Lynch said it was "cautiously optimistic" about the technology sector heading into 2005, forecasting tech spending growth of 3.9% in 2005, down from 6.

Merrill Lynch said it was "cautiously optimistic" about the technology sector heading into 2005, forecasting tech spending growth of 3.9% in 2005, down from 6.3% growth in 2004.