The Router and Switch Bazaar: Still Full, Still Cheap, Still Painful
All,
Here's something from theStreet.com that caught my eye:
thestreet.com
Tech Savvy
The Router and Switch Bazaar: Still Full, Still Cheap, Still Painful
By Jim Seymour
Special to TheStreet.com
6/13/01 12:20 PM ET
URL: thestreet.com
Dear Sir(s), Ms., Mrs.:
I have a quantity of Cisco AS5300-VOIP-A's immediately available for sale.
The price per unit is $18,200. I have 39 units, all brand new and in the box.
These units list for $47,100 each.
This deal needs to happen quickly as my supplier has the Cisco RMA and they will be shipped back soon...
That's from Wednesday morning's emailbag, but I get those notes every morning from desperate people across the country.
Some days, a lot of them. I don't know whether this offer is legit, whether the goods are as described or even whether the merchandise is hot. But they're not all bogus, I can tell you that.
Every morning. Over the course of a month, for hundreds or thousands of units. Most but by no means all, Cisco
(CSCO:Nasdaq) stuff.
This, of course, doesn't take into consideration the virtual warehouse full of Cisco and other switches and routers on eBay every day (2,780 Cisco pieces alone Wednesday morning, most new). Nor the stacks of unopened boxes of telco gear at the live distressed-goods auctions every week in the Valley and across America.
Your emails on the telco-suppliers situation are always interesting, but please don't try to tell me that your secret recipes for ending this pain overnight -- such as companies like Cisco and Sun (SUNW:Nasdaq) sending people to all these auctions to buy up, refurbish if necessary and ship the stuff off to, say, Brazil -- are the answer.
Please don't try to tell me the pain is over.
We have a long, long way to go on absorbing all of this inventory. Or on junking it.
The pain is far from over.
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