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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (73645)3/30/2001 3:46:14 PM
From: Doug  Read Replies (1) | Respond to of 99985
 
Haim : Capital spending is down not entirely because of interest rates but because of saturation in the mfgr & Tech Industries and lack of any disruptive technology.

The main sectors suffering are the Capital Eqpt and Techs . Capacity can only be effectively reduced by mergers.