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Technology Stocks : PC Sector Round Table

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To: Pierre-X who wrote (702)	8/10/1998 11:11:00 AM
From: Robert Douglas	of 2025

Pierre and thread, For what it's worth here is Bear Stearns' latest take on computer demand. For personal use only. Computer Demand Was Back On Track. Orders for computing and office equipment posted an impressive 7.0% rebound in June, more than reversing May's 2.5% drop, according to the Commerce Department data released on August 6. Over the last 12 months, these orders have increased at a 27% rate, the fastest 12-month growth pace since October 1994. We find this data series extremely useful as a confirmation from a macro level of end demand. We had noted back in March 1998 that we had seen a strong upturn in this data. They seem to be getting quite confident about an imminent upturn. -Robert

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