The company was under operational stress as a result of inventory management issues, which were only magnified because of fears of its upcoming debt maturity wall.
The company also said that as a result of inventory adjustments by its customers and seasonal weakness in the personal computer market, it expects sales to decline as much as 10percentt in the third quarter from the second.
Even if the alerts from DuPont and T.I. are a result of inventory reductions rather than falling demand, they suggest a trend that could feed on itself and hit other companies' profits.
Manufacturing output did fall sharply in the last few months of 2000, but this was mainly the result of inventory effects: companies produced too much in the face of slowing demand, found that they had accumulated excess inventories, and temporarily slashed production in order to clear their warehouses.
China may allow the yuan to appreciate a bit next year if world economic recovery stays on course, some analysts say, but only if Beijing is certain current recovery signs are genuine and not simply the result of inventory restocking and the emergency government stimulus.
PMC Sierra was getting pummeled in the pre-market, down $37.87, to $58.00, after warning investors that first-quarter and fiscal 2001 results will suffer as a result of inventory issues at its customers.
Applied Micro said it now expects to report revenue of $61 million to $62 million in the fiscal second quarter, based on lower-than-expected orders from several key customers as a result of inventory issues, as well as weak end-market demand in Asia.
The result of Inventory for Assessing the Process of Cultural Competence among Health Care Professionals-Revised [IAPCC-R] for this subscale revealed that 20%% were found to be culturally incompetent; 60.2 % were culturally aware; 17.2 % culturally competent and the 2.2 % were proficient.
The result of Inventory for Assessing the Process of Cultural Competence among Health Care Professionals-Revised [IAPCC-R] for this subscale showed that 10.2 % were found to be culturally incompetent; 49.6 % were culturally aware; 19.7 % culturally competent and the 20.4 % were proficient.
Still, the achieved results of the inventory were interesting.
