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Politics : High Tolerance Plasticity

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To: Think4Yourself who wrote (7318)	9/2/2001 7:06:06 PM
From: Gottfried	Read Replies (1) of 23153

John Q., the link to the JIT article businessweek.com@@IxLmqmQQscl6tAcA/premium/content/01_37/b3748049.htm [BW allows public access by Monday noon] The last paragraph states more inventory needs to be worked off, but that Census Bureau report was issued back in June... So what is the optimum level of inventories to spur a recovery? According to the Census bureau, the inventory-to-sales ratio for all businesses hit 1.43 in June. That's still well above the low of 1.37 hit in March, 2000, near the height of the tech boom. Morgan Stanley's Berner predicts businesses will continue to get back to that level or even lower. That means there could still be plenty of destocking left to do.

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