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To: Jacob Snyder who wrote (8625)	7/6/2001 3:44:44 PM
From: JakeStraw	Respond to of 10934

>> EMC management has lost a lot of credibility, with their statements over the last 6 months about sales >>and profits holding up, and then yesterday's warning. I think EMC as well as a lot of other companies have been hedging that their business would improve. I just can't believe if they didn't see the slowdown coming, then how in the heck are they going to know when it's over! :^) I also love the "no visibility" BS that corporate America mgmt. has tagged as their new buzzword. They need to face facts and say, business stinks and we have no idea when it will get better. Funny how it was so easy for companies like CSCO & EMC to be touting future growth rates of like 35 & 40 percent just like 6 months ago.