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To: Greg h2o who wrote (37917)1/30/2002 11:18:29 AM
From: Dee Jay  Read Replies (2) | Respond to of 42804
 
do you think the author of that article had a bias? How about using terms like:
"... a denizen of high-tech's gray market, a realm of fast-talking smoothies who buy leftover routers, servers, and other networking gear for pennies on the dollar and resell them at a profit" or "...2,000 scavengers just like Asset Recovery..."Combative and fast talking..."

The fact of the matter is these operations exist because of the marketing of the major mfrs who overloaded startups and others with a lot of inventory that was unneeded but made cheaply available with extended financing terms. That the products came back to haunt the Ciscos of the world (and I own CSCO) is not altogether surprising - and the overhang will have to be worked off just like the inventories they've written down to zero but sit on their own warehouse shelves - just another side of the same coin, IMHO.

I'm not criticizing you, Greg, but the character or tone of the story which makes these secondary marketers out to be suede-shoed used car salesmen; if that's the case the auctioneers who also help realize dollars from sitting assets are bottom feeders also instead of entrepreneurs who find a need and fill it. the name alone (Asset Recovery) speaks volumes, and one of the principals was with AT & T Capital's used equipment operation which had the same task.

Deejay