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Politics : High Tolerance Plasticity
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To: Think4Yourself who wrote (2780)4/3/2001 6:39:18 PM
From: The Ox  Read Replies (1) of 23153
 
Add to the mix a lot of cheap, used equipment that's readily available from failed dot.bombs and similar defunct companies. I wonder what % of Sun systems sold in the past couple of years are now on the shelves of reseller's warehouses. Start with the pie in the sky projections from early last year, add a heap of additional capacity to accommodate the flood of 'new' business, toss in high energy costs (or lack of energy as in CA), and a pinch of recession and we have cooked up a mighty tech-slowdown stew. Just heat it up on the tight monetary policy stovetop the FED has created.

Unlike some who fail to see a phoenix rising from the ashes, I think there will be a solid future for many of the companies that are being discounted by today's market. We are still seeing people lump all companies from a weak sector together as worthless. Anyone think we start to rally as soon as earnings season starts?
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