"Breaking from other technology chiefs who have recently expressed optimism, Hewlett-Packard Co. Chief Executive Mark Hurd warned he hasn't seen the tech industry emerge from its painful slump." So says the Wall Street Journal in an article posted behind its paywall.

We talk a lot about IT spending, sometimes having a little fun with the folks who make projections.

It's interesting to hear from someone like Hurd, who has the vendor perspective. That doesn't mean he's right: "Mr. Hurd's remarks tempered the recent optimism generated by executives at other tech companies, including Cisco Systems Inc. and Intel Corp."