More than anyone else ordspråk
More than anyone else, tech and telecom companies are being hit hardest by the slowdown in capital spending, ... They still seem to have more inventory and the pickup in demand simply hasn't been there.
John Forelli
Low and declining inventory levels naturally lead to increased production to build inventories in anticipation of future demand, but in the face of elevated manufacturing capacity utilization rates, increased capital spending will be required to facilitate a rise in output. Since our last capital spending forecast in December 2005, significant increases in spending for 2006 have been announced, suggesting growth in capital expenditures of about 10 percent this year.
Andrew Norwood
The [telecom] companies simply are just not spending on networks right now because they're short of cash,
Richard Windsor
Companies are going to keep increasing spending this year to take advantage of the relatively low interest rates. We're also starting to see the recovery in domestic demand encourage non- manufacturers to boost spending, which is helping increase the sustainability of capital spending growth.
Azusa Kato
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Gene Warren
Balans
There's been very little investment in infrastructure at these companies over the past decade -- tech was sucking up all the capital, ... Demand is picking up and you have this big, new demand from China, which is pulling away supply that might otherwise have headed to the United States.
Brett Gallagher
While many of the stocks in this group are already down by 50 percent over the past several weeks, we believe that inventory concerns, coupled with telecom service provider capital spending concerns, will weigh on the group for the next one to two quarters.
Joe Osha
While many of the stocks in this group are already down by 50 percent over the past several weeks, we believe that inventory concerns, coupled with telecom service-provider capital-spending concerns, will weigh on the group for the next one to two quarters. We note that the group in aggregate still has the highest valuations in the semiconductor business, even after the recent decline.
Joe Osha
Over the last several months, the overall slowdown in telecommunications capital spending and a lack of available capital for emerging carriers has impacted our business,
Dan Smith
Over the last several months, the overall slowdown in telecommunications capital spending and a lack of available capital for emerging carriers has impacted our business.
Dan Smith
We are seeing the effects of reduced capital spending by service providers and other communications market end customers impact our customers' business and hence their purchases. The slowdown in end market activity is prolonging the inventory correction, but we believe that moderate sequential revenue growth will resume in the second half.
John Daane
How these companies sound isn't a terribly good basis for investing right now, ... The fact is that in an incremental cyclical recovery, capital spending will recover at a brisker pace than the overall recovery, and technology spending will recover at a faster rate than capital spending.
Arnie Berman
We need dollars being spent again, ... Most recessions always end because the consumer turns. I think a lot of it is going to be in the tech sector and the tech recovery. Most companies weren't spending on tech as they've been just desperately trying to make their quarterly numbers.
Michael Farr
Consumer spending in the fourth quarter is going to be low, and capital spending and inventory rebuilding is what takes up the slack. There are also increases in government purchases, a lot of that going for Gulf reconstruction.
Ken Mayland
In an environment where growth is going to be slower, where pricing power is not easier to find, that brings you back, I think, to tech and telecom that have been the leaders of the market. Tech is up these days; telecom is down. There's probably a better area to buy in. And I think that energy is a good area as well.
Kevin Bannon
In an environment where growth is going to be slower, where pricing power is not easier to find, that brings you back, I think, to tech and telecom that have been the leaders of the market. Tech is up these days; telecom is down. There's probably a better area to buy in. And I think that energy is a good area as well,
Kevin Bannon
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