SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 42.49-5.7%Jan 26 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Engel who wrote (128790)3/2/2001 7:00:00 AM
From: Road Walker  Read Replies (1) of 186894
 
Paul,

re: "It's as if the technology economy has hit a black hole."

Reading the quotes from the Oracle CC this morning. They were shocked at the cancellation of orders from top executives at companies that would clearly see lower costs from the implementations.

What I think is going on. The slowdown in the economy was so sudden, I think most companies were caught off guard. The first reaction from the boardrooms would be "Stop all discretionary purchases, we need to cut costs NOW to make our quarter. We'll revisit each item as we have a better handle on the situation, to see if it makes sense".

I'm guessing we could see a small improvement in tech revenues as companies get a handle on their business prospects, and restart cost saving projects. And if the economy improves somewhat, we could have significant upturn in tech revenues.

But I'm just guessing.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News