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Strategies & Market Trends : Trader J's Inner Circle
NVDA 186.78+3.0%Nov 19 3:59 PM EST

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To: ColleenB who wrote (45662)8/9/2001 2:57:44 PM
From: LTK007  Read Replies (1) of 56535
 
<<Intel Chief Executive Craig Barrett said last week that he expected to see the traditional pickups in demand from back-to-school and holiday buying.

But Ashok Kumar, an analyst with U.S. Bancorp/Piper Jaffray, wrote in a research note Monday: "Bottom line is that back-to-school ... has not materialized."

However, Roger Kay, who watches the industry for market-research firm IDC, said he's seeing early signs of a back-to-school uptick in buying.

"But it's way down from a year ago," he said. "Last year's third quarter was very, very good." >. that says a lot--also just saw a poll and 40% of people polled said they will use the rebate money to just pay bills--that's a lot more than expected.I am beginning to feel the consumer is indeed starting to tighten their purse strings.Good for them.PaxMax
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