Everybody now is trying to save money, and they can do that by outsourcing their 'commoditized' assembly, repair and service business to these companies, who do that much more efficiently,
More Quotes from Ulric Weil:
I think it's a great idea. Why not participate in some of the buzz surrounding the Internet stocksUlric Weil
I think that the stocks will recover again because the small investor that logs on to the Internet just sees the romance and the lure and says 'buy,'
Ulric Weil
If you really drill down and look at what's going on, you will find, particularly when it comes to the consumer part of the sector, that there's an inventory buildup in the channel, ... So sooner or later, the channel stops ordering. There are no miracles here. The market is maturing, the product is becoming 'commoditized,' and these are very difficult times for these vendors.
Ulric Weil
I would stay away pretty much from the bulk of the Internet stocks. Internet stocks that don't have any earnings,
Ulric Weil
They are looking for non-multinational tech stocks that are attracted. What are they Certainly not the telecom stocks, the CLEC, the independent telephone company, ATT, WorldCom, they are all in trouble because demand for the high speed connections, the data connections are not coming through as quickly as possible, but the revenue from local business calls and the tremendous price pressure and so those companies are not likely to be targets for investors to go for,
Ulric Weil
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