Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (51744)	5/25/2001 8:26:39 PM
From: TWICK	Read Replies (1) \| Respond to of 57584

I'm also with those guys on a major correction this summer. It's already started: siliconinvestor.com Warning's season coming. Looking for more bad news, no visibility of a bottom, more inventory backlog problems, and of course more layoffs. IBM got away from warning, and lowering future outlook last Q. I don't think it will this time. No amount of rate cutting by the Fed is going to magically free up this tech inventory backlog. Who wants to buy Cisco routers if there is no need for them. Same goes with Cell Phones (NOK, ERICY), fiber equip, and storage hardware. We are nearing an upgrade cycle of PCs, but with all the layoffs, the companies have spare parts until they can see a reason to upgrade to new systems hopefully next year. Software companies are what I think the only ones worth buying this year. The companies will always buy, or upgrade to new software, before they spend money on new systems. Plus, new software is improving business plans, strategies, executions, and sales without the need for more bodies. Twick