SI
SI
discoversearch

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.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: FR1 who wrote (168352)7/16/2002 5:10:36 PM
From: tejek  Read Replies (1) | Respond to of 186894
 
While I understand IT spending is down, I don't understand why there is not a glimmer of improvement yet.

IMHO, you have to find a way to recapitalize the big telcoms in order to get the spending going. Q, T, NT, WCOM, etc are all up their ears in debt with no spending power.


I understand that Q and T are dead in the water but IT spending is not confined simply to them. What about other corporations.....the industrials, insurance etc.? Why are they not placing orders......their business has been picking up for two-three months now?

Besides, I thought the Qs and the Ts use mostly INTC's comm. chips.

ted

Perhaps some political move like a "program to get the nation wired for broadband" or something like that would help.

I doubt with the budget running deficits again, there were be any support for this kind of program. It would be great but I don't see it flying.

ted



To: FR1 who wrote (168352)7/16/2002 6:06:05 PM
From: Amy J  Read Replies (1) | Respond to of 186894
 
Hi FR1, there were around 29 major telcos, analysts expect that number to reduce to a few handful.
Regards,
Amy J