Word: gluts
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...would be easy to give up on technology stocks. They're stumbling again, as the likes of Lucent and Nortel pile on bad news. Everyone knows about the glut of cell phones, PCs, chips and fiber-optic line gathering dust. Earnings stink across the board, and stock-market gurus predict we're headed for a demoralizing test of the April lows. In short, gloom is as plentiful as the routers and switches Cisco can't sell. So a lot of investors are hedging their allegiance to technology--and rightfully so. If you want easy odds, take the Lakers to threepeat...
...bureaucrats: a cross-country cyclist becomes a consultant who eases traffic jams; a former civil rights activist flies to Mississippi each week to teach math in a way that lets students actually learn it. At the same time, modern activists must find ways to cut through the info glut and hold the attention of a public grown wary of ideologues...
...bureaucrats: a cross-country cyclist becomes a consultant who eases traffic jams; a former civil rights activist flies to Mississippi each week to teach math in a way that lets students actually learn it. At the same time, modern activists must find ways to cut through the info glut and hold the attention of a public grown wary of ideologues...
Faced with rising health-care costs and a global glut of their product, America's steelmakers are demanding more protection from imports. A bill before Congress would impose import quotas that might save 3,700 steelmaking jobs in the U.S. But higher costs for U.S. industries that use steel, such as autos and construction, would result in the loss of 19,000 to 32,000 jobs, according to a new study sponsored by the Consuming Industries Trade Action Coalition. Andrew Sharkey, president of the American Iron and Steel Institute, calls the study "flawed" and "based on a political agenda that...
Software is my favorite sector. It's probably the least impacted by the telecom glut of overcapacity. But within the semiconductor space we have a number of investments, and one of our favorites is the world's largest semiconductor-packaging company, Amkor Technology. Their fundamentals right now are absolutely miserable, and they are losing money, but the stock has stopped going down in spite of the bad news. It is far and away the technology leader in semiconductor packaging...