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Technology Stocks : Intel Corporation (INTC)
INTC 39.32+6.5%12:36 PM EST
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To: stak who wrote (137368)6/14/2001 7:47:53 AM
From: Road Walker  Read Replies (2) of 186894
 
stak,

re: "In all seriousness the industry will never come back to the way it was before"

You hear that in every semiconductor down cycle. This one started just about a year ago, ~July, 2000, when sales growth was posting over 50% YOY growth.

Now you are welcome to allege that a pattern that has repeated itself over and over again, the semiconductor cycle, has suddenly ended forever. But a logical person would assume that the repetitive pattern is still in place, until proven otherwise.

The folks that were saying, 11 months ago, that the 50% YOY growth would go on forever were just as wrong as you appear to be. It's OK, you have a lot of company both at the top and the bottom of the cycle.

John
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