Who says PC industry optimism is sky high?
Opinion This article was first published in April 1999 Roldec has been a victim of its own success. The former high-flying Wolverhampton system builder – twice featured in the Sunday Times Top 100 list of fastest growing UK companies – crashed with £2.5 million debts. Not bad for a company turning over less than £12 million a year. An awful lot of distributors and vendors are going to get their fingers burnt on this one, especially as it comes so soon after the Memsolve debacle, which crashed owing £4 million. Trade Indemnity, the credit insurer, can’t be too happy either. In the best case scenario, insurance premiums will jump; in the worst, insurance protection will be withdrawn from vendors thought to be too free and easy with their credit. Either way, credit will tighten this year. And that means more low-margin dealers and system builders will take a tumble. Which brings me to accountancy firm Deloitte & Touche (D&T). According to its US consultancy arm, short-term optimism for th
