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Politics : Formerly About Advanced Micro Devices

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To: Duncan Baird who started this subject	11/2/2000 6:24:41 PM
From: TimF	of 1581513

Executives say SIA is right in forecasting no downturn in next three years semibiznews.com "I think the industry is going to have a wind at its back for the next several years," assessed Jerry Sanders, chairman and CEO of Advanced Micro Devices Inc. During the press conference to release the annual forecast from the Semiconductor Industry Association, Sanders also blasted the "jerks" and "idiots" who he says have confused slowing growth rates with the peaking of revenues. The AMD chief executive chided the press, Wall Street investors, and a number of industry observers for confusing growth rates with chip revenue totals, and he said the real problem has been managing expectations in the current boom cycle. "I think the semiconductor industry is about a year-and-a-half into what should be a four-year cycle," added Sanders, refuting some warnings that growth and revenues will hit a slump in 2001 or 2002 due to an over buildup of production capacity. I think he is probably right but it might not be the best idea to start calling everyone "jerks" and "idiots". Tim

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