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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (11330)	11/25/2001 10:14:34 PM
From: LLCF	Respond to of 74559

<Still, the extent of the price decreases, and the oversupply of products causing them, suggest that the economic recovery is unlikely to be a robust one, many analysts say. In October, companies used only 74.8 percent of their industrial capacity, the lowest level since 1983, as many continued to suffer a hangover from their overly optimistic purchasing of new equipment in the late 90's.> Pretty much what many here and CFZ have been saying was coming for a couple years now. <But businesses sharply reduced their technology budgets at the end of last year, deciding, at least temporarily, that they already owned all the equipment they needed. Computer manufacturers were forced to curtail production; their output fell last month to 61.3 percent of capacity — a record low — down from 80 percent a year ago.> In your face proof that hedonic pricing in the computer area can't possibly be being done correctly, because if the machines were THAT MUCH better everyone would continue to buy them to replace the much inferior old ones. Thus invalidating some portion of the productivity increases reported. At least people are sick and tired of Pat Buchanan, so when things get really ugly we don't get HIM elected. DAK