Falling ***** ******
***/***, ******* ** ****** **** ****** of ***** ******** *** ********* *** more ****** *** ****** ***** **** video ********.
*******'* *** *****:
******** ***** ****** ******* ** ********** impacted ** *** *** ***** ********* in ******* ******* **** ********* *****.
**** ******* ****** ******* *******, ** Anixter ***** *****:
*** ****** ** ***** ********* ** specific ******* ********** **** ** ***** surveillance ******** **** * *** *****.
*******'* *** ********* ****:
*** ***** *** ******* *** *** mix ** *** ***** *** ** the ****** ** ******** *** ******.
**** *** *** ************* ** *** 'natural':
** **'* *** *******, **'* ********, it's ****, **'* ** ********* **** us ***** *** ****** **** ***** at **** *** ** ******** ** the ******** ****, **'* ***** ******** of ******** **** ** ****** **** to **** **** ***** *********.
Overall ******** *******
*******, *******'* "******** ***** ********* *.*% on ** ******* *****" ** $*** ******* (~$1.7 ******* ****** ***-****). ******* ******** they ****** ***** ** ********, ******** their ****** **** *** ******* ******** ****** is ******* **** **** *.*%.
Optimism *** ******?
** *** ******** ****, *******'* *** said ***** *****:
**** *** **** ** *** ****** end ** *** ******, ** ** see ************* ** ******* ** ****, especially ** *** ***** **** ***** around *** *********.
Not **********
**** *** *** ****** *** ***** sales ** ***** **** **** (********* a ******), **** ******* ****** *** margins *** ********* ******* ** *** a ********. ** ******* **** ******* distributors *** *********** **************** ****** *** ** ****, ** they **** **** ***** *** ****** locations (*.*., ******* ***-**) ** *************.
Outlook - ******** ** *** **** *********
** ** *** ******** ** *** low **** ********* ** **** ***** and *********'* ****** **** **** **** by ************* ****** ** ** **** and ***** ********. **** **** **** moving ** ****** *** ********** *********** buyers ** ******-****** ******** ****** ** many **** ** **** ********* ** change ***** ***** ******.
*** ***** *********** ***** ** **** it ** *** ***** *** **** lower the ***-**** ********* *** **. ***** they **** *** **** **** ****** of *****, *** **** ****** **** structure ** ***** ******* *****, *********, support, ********, ************ (*.*., ********* **** Anixter *** ***), ***. ****** ****** barriers ** **** *****. ** *** other ****, ***** *** ********* **** enough ********* ****** ** ***** ** ********* further ** **** ******.
Anixter **** **********
*** **** ** ***** **********, *** *******'* ** **** ********** **** **********.
Comments (1)
Mick Brown
The larger problem is not price erosion
its the speed at which products are going. Out of date
managing inventory will be their biggest concern
dumping old models to keep stock fluid
this in turn means taking on weaker customers giving a rise to bad debts
all could posting accounts
that don't reflect true positions
stock write off write down
bad debs
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