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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (83540)	9/10/2000 2:38:28 PM
From: Bill/WA	Read Replies (1) \| Respond to of 132070

Earlie, Another possible "micro" situation that may be multiplied by ".coms" and other questionable "new pair-of-dimes" companies. My son-in-law in Florida worked for a medical database co. with meager profits and a young owner who spent investors money on high-end equipment, lavish office space, and of course, the required Mercedes <G>, etc. Well, as investors got scarce and with dwindling profits, the company was bought for peanuts by a bigger company just for the database customers. And all that high end equipment? - because the bigger company already had all they needed, they auctioned it off for peanuts, some of it they gave to the employees that were being layed off from the buyout (my son-in-law got a very nice, high end PIII. So he's one person that won't be buying a 'puter for awhile. Multiply this situation by the number of companies that are being bought out, merged, or closing down (as investors realize that these new "pair-of-dime" companies actually have to be profitable to survive) and one might wonder what impact this excess equipment is going to have on the computer, micro, and DRAM sales? Bill/WA