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Politics : Ask Michael Burke

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To: The Perfect Hedge who wrote (28302)	5/19/1998 8:56:00 PM
From: Knighty Tin	of 132070

GD, No way. Only now, with supply at hugely glutty levels, are the chippies cutting back at all. They are still buying more equipment, just not as much. And much worse, the equipment they are buying are increasing the megabits at a geometric rate. You don't see a bottome when the order rate falls. You see it when it is close to zero. We are nowhere near that. Yet! MB

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