Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (32362)	4/24/2003 11:25:58 PM
From: RealMuLan	Read Replies (2) of 74559

>>The problem is Chapter 11.<< but what if over-capacity is industry-wide? Can you let most of, if not all, high-tech companies go Chapter 11? This coming Sunday, OfficeMax will sell 120GB HD for $69.99 after rebate. Do you think Western Digital can make money at this price? I know their productivity is high, but I doubt they can make much money, they are lucky to make even, or most likely they lose money at this price. And Airline, if the current trend goes on, and if SARS not gets controlled for a long time, pretty soon all of them will go belly up.<g>

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