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Technology Stocks : Cisco -- Ignore unavailable to you. Want to Upgrade?

To: Jay Couch who wrote (64)	5/11/2000 8:54:00 AM
From: Tom Chwojko-Frank	Read Replies (1) \| Respond to of 405

One question I have regarding component shortages is, does it affect demand in the long run? If a company orders something and has to wait for it, rather than get it immediately, what effect does it have in the end? They still buy it, it's just delayed gratification. It's not like the customer can go somewhere else easily, because all the vendors have the same shortages (or worse, since the leaders will get some preferential treatment). Am I missing something here? Thanks, Tom