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To: Tenchusatsu who wrote (173150)2/21/2003 1:48:56 AM
From: wanna_bmw  Respond to of 186894
 
Tench, if the GNP doesn't go down from year to year, then it isn't a recession, right?



To: Tenchusatsu who wrote (173150)2/21/2003 7:38:42 AM
From: rkral  Respond to of 186894
 
Tenchusatsu & wanna_bmw,

The definition of recession is based on the Gross *Domestic* Product ("GDP"), and on quarterly numbers.

"A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters."
investorwords.com

I guess two successive up quarters in the GDP would be a recovery. Using those definitions, the recession began during the 2nd quarter of 2001, .. and the recovery began the 1st quarter of 2002. bea.gov

This probably doesn't feel like a recovery to many.

Ron



To: Tenchusatsu who wrote (173150)2/21/2003 3:13:07 PM
From: Logain Ablar  Respond to of 186894
 
Ten

We were in an expansion from 82 to 90 but if you were in an oil producing business or say living in Houston or Midland it still felt like a depression.

So if your in tech you may still think were in a recession.



To: Tenchusatsu who wrote (173150)2/25/2003 12:29:07 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 186894
 
??

Only 3,500 Intel Itanium servers shipped in 2002
...[from the inq]...
By Mike Magee: Tuesday 25 February 2003, 15:36

IT'S GOING TO take Intel quite a while before the Itanium processor starts to deliver a return on investment, if a report on Bloomberg turns out to be true.
An article about how Carly Fiorina, CEO of Hewlett Packard, is sticking to her guns on the Itanium platform, said that market research company IDC estimated that the chip, shortly to go into its third incarnation as the Madison processor, only shipped in 3,500 servers last year.

That's out of a total of 4,500,000 server systems shipped in 2003.

Intel maintains staunchly that it will stick to its guns on the Itanium platform, but with figures like that, there's a fair way to go.

HP, after the sleight of hand it achieved by buying Compaq and transferring its Alpha processor to Intel, is still right behind the Itanium platform. Last week, at the Intel Developer Form, it showed off a future "SuperDome" server which will have 128 Itaniums in it by the beginning of next year.

IBM seems more than a little wary of using Itaniums these days, and didn't even have a stand at last week's Intel Developer Forum, while Dell has stopped shipping these type of machines too.

HP is also committed to porting the OpenVMS operating system to Intel architecture, and including the chips in its NonStop Computing platforms. µ

L'INQ