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PLC Market to rebound in 2010, according to ARC

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Submitted by waltboyes on Thu, 07/02/2009 - 14:39.

In sharp counterpoint to the news over the past days that many stock analysts are downgrading ROK stock because of slow demand, ARC has published a new report indicating that the PLC market isn't as dead as thought. Here's hoping Himansu Shah at ARC is right on the money! Might could be that some of the Wall Street Analysts covering the automation industry (except for a few, and you know who you are) should be reading this set of tea leaves...

Here's what the ARC press release had to say about their report:

From 'Sound Off! Editors' Blog'