Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Earlie who wrote (44494)	7/16/2001 12:36:05 AM
From: Uncle Frank	Read Replies (1) of 54805

Earlie, the only way I can respond to generalities is in kind :-). What is (and has been for some time) apparent, is that total market saturation has arrived for many tech products, hence their products are not moving, their inventories are enormous (and NOT falling)... The latest Manufacturing NAPM Report On Business® addresses inventories as follows: NAPM's Inventories Index is at 40.8 percent indicating a slower rate of inventory liquidation when compared to May’s 38.7 percent, but still showing significant liquidation. Responding to a special monthly question concerning customers' inventories of products purchased from the purchasers' organizations, 14 percent of the purchasing executives felt they were too high (down from 19 percent in May), while 18 percent felt they were too low (up from 17 percent in May) and 68 percent thought they were about right (up from 64 percent in May). uf

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