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To: kemble s. matter who wrote (25632)12/18/1997 7:01:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Hi Kemble: How about Hank for one o r doesn't he count ?

Here is one another guy whom I have never heard of saying, and I quote

"There are no hot products this year, the PC (personal computers) growth rate has slowed."

Excerpts from his pronouncements or rantings continue below:-

''The consumer electronics industry has been in the doldrums for two years already,'' said Gerard Klauer Mattison analyst Scot Ciccarelli.

According to Ciccarelli, who tracks the big national retailers, Circuit City Stores (NYSE:CC - news), Best Buy Co. Inc. (NYSE:BBY - news) and to a lesser extent Tandy Corp. (NYSE:TAN - news) have suffered for three reasons.

''They are over-stored, meaning saturated by their national expansion plans. There are no hot products this year, the PC (personal computers) growth rate has slowed. And consumers are not spending as much on this sector of the retail market. This year they're buying apparel, it seems,'' Ciccarelli explained.

''There is price deflation in all corners of this sector and the fact that the Japanese yen has been weak,'' making their