1. Competition and consolidation in technology sector (92 percent).
2. Changes to federal, state and local regulations, including tax (87 percent).
3. Management of current and future mergers and acquisitions or divestitures (86 percent).
4. Risks associated with international operations (85 percent).
5. Inability to develop or market new products and services (84 percent).
6. Intellectual property infringement (84 percent).
7. U.S. general economic conditions (73 percent).
8. Inability to attract or retain personnel, including management (72 percent).
9. Pressures on pricing, margins and cost cutting (71 percent).
10. Legal proceedings (70 percent).
11. Cyclical revenue (and subsequent fluctuating stock price) (69 percent).
12. Product liability, quality and safety issues (68 percent).
13. U.S. and foreign supplier and vendor concerns (68 percent).
14. Inability to acquire capital or financing (66 percent).
15. Predicting customer demand (65 percent).
16. Financial risk of customers (58 percent).
17. Failure to properly execute corporate growth strategy (52 percent).
18. Changes to accounting standards and regulations (47 percent).
19. Internal controls and Sarbanes-Oxley disclosure compliance (45 percent).
20. Debt. (44 percent).