Tom, >SSB's Joseph is not crazy....He's not even wrong..
Fact 1. IT spending in the US is at a record high. Spending on IT must be paid for. As the dot com bubble has burst and no one will lend to shite companies anymore. IT spending (ie semiconductors) must be paid for by profits. Only problem is....there aren't any.
Your # 1 reason is a don't care. The dot coms are miniscule in their IT spending compared with the GMs, Exxons, IBMs, Intels, Dells, etc. of the world that have, in some cases, MILLIONS of web pages each. The web pages get hits, which cause hubs, routers, switches, servers, storage, all of which use lots of semiconductors, to go into motion. Semiconductors to the moon for the foreseeable future.
T |
