The New Economy and its Winners Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (14423)	10/21/2002 1:49:31 PM
From: Killswitch	Read Replies (1) of 57684

If you block out the brightest stars like MSFT, DELL, etc. and take a look around at the vast majority of tech companies, it is hard to find any that are calling a turn here in IT spending. Even biggies like IBM were unable to give 2003 guidance... many others guiding for even tougher times potentially, and many companies like INTC, AMD, SUNW, etc. continuing to cut capex. What I see is that earnings appear to have been stabilizing, but this is more due to cost cutting by companies... and a theme I've heard from some of them in this quarter's reports is that they are running out of costs to cut. So we really appear to be in a dicey situation at the moment... if things weaken a bit more then profits are going to start taking bigger hits. If IT spending picks up then we should see a nice turn upwards in profits. Which will it be?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next