Semi-Equips - Buy when BLOOD is running in the streets! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 166.37

+4.4%

Nov 10 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nevin S. who wrote (10549)	7/26/2002 11:09:00 AM
From: Robert Douglas	of 10921

I don't expect significant capacity expansion until the recovery is well underway. Capital expansion is almost always tied to capacity utilization and profits. When the demand for semiconductors picks up, those companies with the most efficient production process will be the most profitable. It is these firms that will have the ability to expand. Those that don't will enter a vicious cycle of decaying capital and unprofitability. You will see a consolidation take place which will further increase margins at those same profitable firms. Then you will get overbuilding and the cycle will repeat. That's how I see it anyway.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next