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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (34423)	9/5/2001 8:03:40 PM
From: puborectalis	Read Replies (1) \| Respond to of 37746

TECH IS DEAD:::::::"We're clearly not seeing any recovery in 2001, and I think we're talking a recovery in the second half of 2002," HP CEO Carly Fiorina said Wednesday, according to Reuters. "And I think the recovery will be limited." Another prominent CEO, John Chambers of Cisco Systems (CSCO: down $0.89 to $14.88, Research, Estimates), said the HP-Compaq deal might be the start of more consolidation in a business where more and more firms struggle to survive. "Within the Nasdaq as an example, I do believe that out of the top 100 companies ... half of them will not be around five years from now," Reuters quoted Chambers as saying.