Inventories of computers, semiconductors, and communication products also backed up, and by contrast, these stocks are only belatedly being brought under control. Inventories of semiconductors and computers have fallen, but less progress appears to have been made with respect to communications equipment. Overall, inventory investment of high-tech producers has probably turned negative, but a period of substantial liquidation still appears ahead for these products.
BIS Review 19/2005  1  I believe that personal example is the best example and that no one can give advice and lectures on reforms to others unless they are implementing these same reforms in their own house – the National Bank of Serbia. In the past year, we have reduced the number of employees by 1,500.