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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Dr. Jeff who wrote (165884)5/14/2002 9:22:52 PM
From: orkrious  Read Replies (1) of 436258
 
Are consumers finally cutting back? Maybe Dell will confirm Thursday?

thestreet.com

"As a cautionary note, H-P management also added that it saw a slowdown in consumer spending beginning in March and worsening in April. It would not extrapolate on that phenomenon, but CFO Bob Wayman outlined its effects in causing a buildup in inventory to a high eight weeks of product in the channel. Wayman described an environment where H-P's total number of units in the channel shrunk, but end demand deteriorated steeply to cause the overflow."
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