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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 166.37+4.4%3:59 PM EST
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To: Proud_Infidel who wrote (9672)4/12/2001 9:49:25 AM
From: Q.  Read Replies (1) of 10921
 
re. <<a falloff in end user demand(because of an overzealous Alan Greenspan)>>

So the world economy consists of nothing but Greenspan?

Weren't there business cycles before Greenspan, before the Federal Reserve, and even before the United States came to exist?

I'd say there are more factors than you can count that caused this downturn, including:

* a collapse of a bubble economy wherein a temporary excess of equity capital was made available to unviable new companies that chose to spend much of that capital on servers, routers, etc that contained lots of semiconductors.
* saturated growth worldwide of buyers of end products containing semiconductors.
* lack of compelling reasons to upgrade products containing semiconductors.
* a zillion other reasons
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