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Politics : High Tolerance Plasticity

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To: CommanderCricket who wrote (3492)4/17/2001 6:24:40 PM
From: The Ox  Read Replies (2) of 23153
 
Hi CC,
Thanks for your input on the EMS sector. I was thinking about the sector and looking at the patch (again) for similarities. The patch was forced to reduce expenses and 'clean up their act' during the downturn. They were forced to become leaner and meaner going forward to survive. Many marginal wells were capped and properties which were considered to have poor potential were written off.

I think we are seeing this happen in the tech sector as well. With the layoffs, expense reductions and the like, companies are being forced to look at their businesses very carefully for every possible way to improve the profit picture going forward. In the long run, this should help the sector.

mh
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