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Politics : High Tolerance Plasticity

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To: jim_p who wrote (3268)4/12/2001 2:24:48 PM
From: CommanderCricket  Read Replies (2) of 23153
 
jim_p,

"The auctions of excess equipment are just beginning from the defunct .coms, the amount of vendor debt to the less credit worth customers has not yet even surfaced as an issue. Wait until the CSCO and MOT's of the world start writing off their bad vendor debt which is in the billions."

We haven't even started to see the carnage yet. The push back from Cisco right now is brutal. Cisco has BILLIONS in inventory liability that they trying to push, shove or force back down the supply chain. We've told them "NO" and most of our competitors are also saying "NO". Long term personal relationships are being destroyed by the pressures. You hate to answer the phone...

It brings to mind the saying " what part of NO don't you
understand"

Very profitable week for me. My kids, KEG and PGO have done well.
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