economists getting cheerier

Doug Henwood dhenwood at panix.com
Mon Feb 11 11:55:25 PST 2002


joanna bujes wrote:


>At 10:27 PM 02/10/2002 -0500, you wrote:
>>So how's Sun doing? Any visibility, as they say?
>>
>>Doug
>
>I don't know what "visibility" means.

It's the word Wall Streeters and CEOs/CFOs have been using to describe the presence or absence of expected future sales and profit growth. No visibility = no end to the slump in sight. I think it's a bit past its prime, now that everyone's convinced prosperity's around the corner.

Doug



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