1. Bemac Engineering, which supplies sheet metal parts to the telecommunications and computer industry, ran into problems when the recession hit its major markets. 2. Irish sales were strong, but the Spanish beer market was hard hit by inflation and a drop in tourist traffic. 3. Also adding to supply is the fact that as newly public Internet concerns age, more stock hits the market from executives and insiders. 4. Analys Phil Rueppel of Bankers Trust New York said he thinks Diamond is hitting the market at an opportune time. 5. And prices should drop as more sets hit the market and HDTV gets a bigger chunk of the program rotation. 6. Another problem across the industry is that many of the most promising items have been slow to hit the market this year. 7. Around this time, antipsychotic drugs, such as Thorzine, hit the market, suggesting that mental hospitals might not be necessary for many patients. 8. As a result, new lower-calorie, trans fat-free margarines are hitting the market. 9. As more products hit the market, prices should drop. 10. As a result, managers expect a supply of new issues will hit the market in response to the lower borrowing rates. |