Tt hhrios uNgohvSeiml i cboenr Vi saal l el ayytoof fosveears1o2n0. A, 0s0p0i nwko sr kl ieprssrfioplpl ol ew i n g overexuberant hiring, it is a time for sadness and reflec - tion. IBt i igs Tt ei mc he. fAosr saurpepallyi t cyhcahi en clke aadt et hr se feanc de ho ef itghhi st ecnheadp tdeer- i n mt h ae nadn suwn ceer rwt ai il nl nt yo at nc od me xet frreomme Ssiul ipc po lny Vc ahlal ei ny . dTi hs reucput ri ot ani ,n fTohredr ieg ii st aal nt reaends ffoorrma ahtei oanr t f-rt oo m- h eSai lritc od ni s cVua sl lsei yo ni s. c l o s i n g .
On Tuesday, the network equipment giant provided the grisly details behind its astonishing $2.25B inventory write-off in the third quarter, essentially admitting that it too was caught up in the Internet hype that, at its peak, gave the Company the highest market capitalization in Wall Street history. S aid Needham & Co. analyst Tad LaFountain. “As a result of what has transpired, network equipment management might consider looking beyond the car in front of them as they speed down the information superhighway.” Wall Street Journal
Definition of a Heart-to-Heart Discussion: (adjective) An openly straightforward discussion without reserve or secretiveness.
Aggregate demand levels still exceed pre-pandemic ex- penditures. Inflation levels are the highest in forty years, al int tdl eat roeicme spsrioovne i ss ui np pt hl ye cmh ai ri nr os r, . bBuitg tTheecihmi np nl i coavtai toi no sn odfi d trhenestedliasyruopfftsiolono. m large, adding another layer to the cur- Learning From the Past Ta nh de tnheewms at ar kk ee st cmo er rbe ac ct iko tno wt hi teh 2t 0h 0e 2f ami l ua rr ek eot f dBo2wBnpt ul aryne r s aS ynsdt et hmes i mr opdaectthoenwt ha ve es ou fp spel yl l icnhga hi ni g. hP -l ae ynedr ss el irkvee rCsi sacnod d i d nfrootmshthuet dporwionr mpraordkuect tdioonwsnotounrne:nough. Here is a quote
Bp laocski ot nh eann, dt ht he ewdi cekt ee rdi oc roamt i bn ign ea ct ioonno omf itch ceodnodti-tci oo nms iimn - the United States and abroad finally caught up with the wi nog rsl da l’ es sl at rogde es tc ldi na et aant eatnwaosrtkoinnigs heiqnugi pr amt ee na tn md laekaevri, ncga u s - Ct hi sact oi twc oi tuhl db ni l’lti osne lsl oafnddorlel asrusl tiinn ge qi nu itphme ei nnftaamnodums $a t2e. 2r i5a lBs write-off . Fc rays pt tf oo cr wu rarredn, ctyh emraarpkiedt fwa iillul ri ne toefnFs Ti f Xy aa nn dd mt hoevset raucgr og lsisn g the digital asset sector and potentially hit the broader financial system, shaking consumer confidence. The retail industry is bracing for the sell-off.
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