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Strategies & Market Trends : Classic TA Workplace
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To: NOW who wrote (4867)6/13/2001 4:16:04 PM
From: oldirtybastard  Read Replies (2) of 209892
 
yeah, this is all just gambling but it feels like someone is going to get kicked in the teeth fairly soon and I don't know too many people that are heavily short, but who knows, the greater good might win out -g-

Ingram Micro saying unbullish things after the close, must be World IT industry demand specific, ignore.

``Until recently, the dramatic softening of demand for information technology products had been limited primarily to the United States,'' said Kent B. Foster, chairman and chief executive officer, Ingram Micro Inc. ``As many leading technology companies reported in the last few weeks, the decline in IT spending has spread to Europe and other parts of the globe. We are adjusting our guidance to reflect a further reduction of U.S. revenues and the international sales slow-down.''
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