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To: techreports who wrote (8886)8/5/2001 10:53:10 PM
From: Uncle Frank  Read Replies (2) | Respond to of 10934
 
>> i think the CEO of EMC said that margins will go back up once the economy recovers.

Joseph Tucci is probably an honest person and a pillar of the community, but his outlook may be slightly influenced by self interest.

CEOs as a group are the top sales people for their companies and I've seen a lot of them making improbable forecasts while their businesses were headed down hill. About 8,000 internet CEOs who are currently unemployed were projecting great things this time last year.

uf