1.   A capacity glut, especially in Asia, is exporting deflationary pressures to the United States.

2.   Capacity gluts have turned into supply shortages.

3.   Others were left wondering what had happened to the network capacity glut to which Wall Street analysts had attributed the poor financial performance of long-distance companies.

4.   Signs of a chip capacity glut are everywhere.

5.   The ability of suppliers like Corning to continually improve the performance of current designs has been a major contributor to the capacity glut now plaguing the industry.

6.   The drop followed a rapid buildup of communications networks in recent years that resulted in a capacity glut and a financing drought that has made further expansion difficult.

7.   The result was a capacity glut, ferocious competition and frantic price-cutting.