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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (66577)2/10/2001 12:38:42 PM
From: Thomas M.  Read Replies (1) of 436258
 
<<< Fred Hickey says it's wonderfully ironic that Cisco's inventories have ballooned to $2.5 billion from $1.2 billion in the past six months and will continue to grow in the next three months. "Here's the great paradigm of the New Economy, and it can't control its inventories," Hickey says. "That's just the opposite of what Greenspan and the ivory tower economists would have you believe." Cisco hasn't been able to employ just-in-time inventory management because shortages of components in recent years prompted the company to engage in longterm agreements with its suppliers. Cisco's inventory problem arguably is worse than that of much-maligned Old Economy stalwarts like GM. >>>

HO HO HO!

Tom
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