Joe, welcome to the thread. Your inputs, and subsequent pushback from various old-timers, is exactly what was missing here. Every point you have raised has been valid. I'mnot saying I agree with the conclusions, but that is irrelevant. The discussion is the thing, so each of us has more food for thought as we make our own decisions. I'm a boring old buy-and-hold, so I don't overly care what the stock does except over a number of years. My next timeline for selling won't be until at least 1999 or later.I really wonder myself if we have turned the cornerof a V-shaped bottom, or is another shoe going to drop.
I hope not. My rationale is chip unit sales continue to increase, hence
capacity needs to be in place or put into place. Second, an even accelerated move to smaller feature sizes which obsoletes much of the installed base, and finally some degree of a move to 300mm.
And, the next generation equipment for .25 and below, and 300mm, the ASP's will skyrocket. So, more dollar volume sales at hopefully same or better margins. |
