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 : Silicon Graphics, Inc. (SGI)
SGI 89.05-0.3%9:37 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Green who wrote (8677)3/27/2001 2:50:59 PM
From: Richard Habib  Read Replies (1) of 14451
 
Don, there is no evidence we are in recession. I'll tell you exactly what's going on. Three concurrent somewhat unrelated things. First, the equity bubble burst which has caused consumer confidence to dip. Second, dot com failures which caused a slowdown in tech spending. Third, the new vastly more real time supply chain management techniques of the last few years has caused decision makers to react strongly to a downturn in demand by slamming shut spending that even a few years ago would have dribbled to a stop over a longer period of time.

Those three things have made it appear the sky is falling. My prediction and you heard it hear first - 6 months from now, people will be wondering what the fuss was about. That doesn't mean stocks will go back to their highs (At least I hope not). It does mean that 6 months from now we will look at this tech spending slowdown as a glitch and not indicative of anything longer term. Rich
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