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Three hundred and five registrants braved an impending snowstorm for the SIIA 2004 Information Industry Summit, held Jan. 27 at the Union League Club in New York. The result: The intimate surroundings and limited guest list fostered a variety of frank panel and informal discussions. Based on the pre-conference literature, it seemed the mood of the summit would be hopeful: companies finally picking themselves up, dusting themselves off, and looking to the future. While panelists and keynote speakers were enthusiastic about recent innovations in the industry, exciting verticals that are opening up, and venture capital opportunities, the tone of the show turned out to be more cautiously optimistic than actually upbeat.