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On Tue, 01 Jan 2008 14:56:04 GMT, Keith nuttle
wrote: John H. wrote: On Tue, 1 Jan 2008 07:31:23 -0500, "Eisboch" wrote: Having a small company that is involved in large, capital equipment type contracts has certain advantages. One of them, that I noticed years ago, is that the level of new orders almost always reflects an accurate prediction of which way the general economy was heading, usually about 6 months before it became a current topic of discussion in the media. Last year my former company (now my oldest son's) had a tough year with a major slowdown in new order activity and, in some cases, cancellation or postponement of planned orders by several customers. The situation was not unique to the company as many others involved in similar, high cost capital equipment businesses experienced the same slowdown. This has all changed. In the past 30 days the company has received over $6M in new contracts and the quoting activity for more has picked up substantially. If this continues, and past history says it will, 2008 will be a very busy year. I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch Obviously Harry had a rough night last night and isn't out of bed yet to give your comments their due. All the new jobs are for bed-makers or fry-cooks, and the only folks doing well are the selfish CEO's at the top. That's his story, and he's sticking to it! It is good to get Eisboch information. At one time I was in an industry that was nearly 180 degrees out of step with the economy. When we were going up the economy was going down and visa versa It helps explain the streets in our neighborhood that were lined with the remains of a "poor" christmas on last Fridays trash pick up. As with the talking heads in the media, some people confuse economics with political rhetoric. Well, Brian Williams seems to spend much more time on his 'subtle' political rhetoric than he does on actual news. -- John H |
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