Gottfried, Brian, I find it surprising and worrisome that there is now general agreement about the duration of the semi
equipment boom: 2-3 more years. It is not questioned on the thread or anywhere else.
Haven't you heard my theory (well, I didn't originate it, it was kicked around at the last "high.") that we don't need to be cyclical any more? Semiconductors now have another huge market to sell into (network computing, broadband, wireless) that is growing so fast, and when added to the "old stuff" like computers, should smooth out any major downs.
Actually, is it possible for chip sales to become non-cyclical, but equipment to still be cyclical? I can't see a downturn, just because, in 2003, for companies like LSI, Conexant, Intel, etc.
Tony |
