JDN, some say it's going to be "different" this time because of the Internet, wireless, etc. Who knows, but there are some pretty conservative CEOs, like Morgan of AMAT, Corrigan of LSI, Barrett of Intel saying things all the way from it looks very good for at least 2 or more years, to it looks good indefinitely. Big volume chips are not just DRAM or micros anymore. ASICs, PLDs, FPGAs, systems on a chip are also the heart of cell phones, routers, and all other Internet gear, etc. Flash also of course is hot. I haven't heard anyone who I'd listen to predict any end in sight for the explosive growth driving chip sales. Even PCs, and definitely servers are growing faster again than had been predicted. Maybe I'm a ridiculous optimist, but I don't see any reason to worry about my chip or chip equipment stocks for a few years anyway. Well, worry any more than anything else I can think of to buy and hold.
Tony |
