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Politics : Ask Michael Burke
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To: Bill F. who wrote (63287)6/26/1999 3:49:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Bill, Also, they could use whatever cash they raise from selling the inventory. However, longer term, that line in the quarterly report where they mentioned that megabit production was 17% higher while sales were 8% higher does not bode well, as it is an industry-wide problem. To lower costs, you have to produce flat out. With lackademand, that lowers prices faster than costs come down. Somebody has to yell "uncle" pretty soon, IMHO. My guess it will not be giant cos. like NEC and Siemens.
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