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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: BigMoney who wrote (114630)7/26/2001 6:09:57 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
the only problem with that is that the glut hasn't been worked off...due to sales plunging even faster than inventories. the absolute level of inventories is only one side of the coin.

btw., per experience, post bubble inventory corrections bottom out about three years after the stock market peak...
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