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To: Candle stick who wrote (4787)5/28/1998 10:13:00 AM
From: Oeconomicus  Respond to of 164684
 
CS, that usually means production slowdowns and layoffs as well as more price cutting. As if weak export demand and pricing pressure from imported deflation weren't bad enough, now we see channels getting stuffed. Will the whole economy look like Compaq? Will the market lag reality this time, or will it turn down in earnest before earnings do?

Bob