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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (6895)	5/13/2001 12:00:30 PM
From: Glenn D. Rudolph	Respond to of 57684

yes, back at about 15% margin Gene, I know I posted to Bill about strength again in consumer spending. I admit to being pleased as punch to have sales thus far in May to be up again on a year over year basis. April felt like someone or something took the consumers out and shot them. I beleive April was one of the worse year over year comparisons that I can recall including the early 1990s and the mid 1970s. The speed of consumer spending drop was amazing. Also, the speed in consumer starting to spend is also amazing. It is a good assumption from this that the economy is cycling far faster than ever in the past. I suppose that re-interated what John Chambers was trying to say. Making a generlization, this implies firms without a decent IT setup or at worst creating one, will eventually be gone.