Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: rich evans who wrote (2491)	3/11/2001 12:51:07 AM
From: Sam	Read Replies (1) of 2542

JBL announced cuts a few days ago, now SLR is joining the cutting party: news.cnet.com These cuts were inevitable, with all of their major customers like CSCO, ERICY, MOT, NT, and more warning. Diversification is great when confronted with company specific problems, but you can't hide when all tech is being hurt. It's hard to believe that this can last too long with employment at 4.2%, 200,000 jobs being created last month, and interest rates ratcheting down almost as quickly as NAZ has been coming down. But the government stats seem to be saying weak tech, weak autos, flat to at best modestly higher retail sales, along with strong employment growth & lower rates. It seems screwy to me, but that's the way the stats are coming out. Sam

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