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Is the IT bottom bottomless?

The shape of the bottom to come
Mon Aug 05 2002, 10:07
WITH SOME ANALYSTS reckoning that we might be in something they decided to call a double dip recession, it's time to start bottom gazing again.

Bottom is a term much loved by Wall Street analysts who spend time speculating on the shape of that bottom, where it actually ends, and what it looks like.

By now we were supposed to be at the bottom of the IT bottom and heading towards the top again.

But a quick glance at these Dovebid auctions shows that we may only have reached the top of the bottom, and are no nowhere near the very bottom of the bottom.:

Surplus to the Continuing Operations of JDS Uniphase
Over $6 Million in Original Cost of Brand New PC Components Inventory
Fiber Optic Test and Optical Product Manufacturing Equipment; Mass Storage and Networking Equipment
Major auction of Telecom and IT equipment surplus to the restructuring of Global Crossing's telecommunications operations
An Agilent Technologies Product Auction - Sale
New and Reconditioned Apple Computers, Notebooks, and Peripherals
Nineteenth in a Series of Major IT Equipment Exchanges with Assets of Numerous Dot-Com and High-Tech Companies.

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