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.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (40599)12/23/1998 9:58:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
To All, The pc sales disaster is becoming more apparent and the Xmas lies are starting to smell like week old fish. Another major distributor, Inacom, announced today that earnings will come in much lower than expected this quarter. How low? This, traditionally the best season of the year, will see lower eps than any quarter this year. Even lower than the disastrous inventory glut quarters of Spring and Summer.

Ingram is much larger than ICO, but, as I mentioned last night, if Ingram sneezes, the smaller distributors have pneumonia. Jim Cramer pooh-poohed Ingram's numbers this morning on CNBS and proved his total ignorance of how pcs are sold in the process.

A little pespective, please. Ingram sells more boxes than Dell. This is not a small hiccup at a co. that doesn't matter.

Pc sales be dead.

MB