"This is a big inventory correction but it will come to an end over the next few months," she predicted.

But we have been working off this inventory correction for many months.

"But the inventory correction that kept industrial growth weak for most of 1995 has ended," he said.

"We're in a period where we are observing the beginnings of what is probably a major inventory correction," he said.

"Much, but perhaps not all, of the needed inventory correction already has been accomplished," he said.

Optimists hope that the inventory correction is nearing an end.

A. There is a very severe inventory correction going on throughout the technology industry.

With the demand slowdown, it looks like we could have a two-quarter inventory correction.

"We have believed for some time that we saw a moderate inventory correction this summer," he said.

"The inventory correction appears to be very well advanced," he said.