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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST
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To: Ken Richard who wrote (18599)10/14/1998 11:19:00 PM
From: KJ. Moy  Read Replies (1) of 29386
 
<<<Hewlett-Packard Co. Chief Executive Officer Lewis Platt said on Wednesday that he sees a significant slowdown in the computer hardware industry is likely during the second half of 1999.
Speaking to an audience of computer information technology managers at a conference here, Platt said the focus on upgrading computers to be ready for the Year 2000 date change would hurt the hardware industry.>>>

I agree the focus for Yr2000 readiness will demand more resources in 1999. Mr. Platt forgot a very important point, customer demand. Web browsers continue to grow leaps and bounces. More and more schools are getting online. ISPs are offering personal webs. Bandwidths are getting cheaper and cheaper. Business are designed and built arround new functions of IP. IP junkies like us<g> want faster access and more functionalities, voice over IP, digital video, yada, yada. Smart service providers will not get caught with not enough irons to do their business. Mr. Platt've better re-think his statements. It sounds stupid to me. Do you think customers will let up usage of the 'net' becuase his/her service provider can't keep up due to Yr2000 readiness which takes away resources? Hardware upgrades are driven by new business, competition and customer demands. May be HWP will sit still and let others take away their business. Mr. Platt will not last long if this is his thinking.
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