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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST

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To: orkrious who wrote (1705)12/28/1998 6:25:00 AM
From: Skeeter Bug  Read Replies (2) of 3813
 
>>when the slow boats figure out that pcs aren't selling very well to end customers <<

jay, inacom (largest corporate pc reseller), ingram micro (largest pc distributor), muei and gtw have all announced sales problems and/or eps shortfalls. in the case of inacom, a drastic shortfall. weak pc demand was cited by inacom.

hwp recently slashed and burned 20% off their low end corporate pcs. real nice considering they can't grow eps and have disappointed every q for 2 years and running. toshiba also lowered its laptop prices 14%. and we're not even past new years yet.

them slow boats be speeding up, imho. ;-)
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