Semi Equipment Analysis 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 Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (7067)	11/24/2002 12:36:04 PM
From: Cary Salsberg	Read Replies (1) of 95531

I think the key to the report is how finely tuned TSMC is to changes in chip demand. If the market starts believing some "real thing" scenario, it will be time to use price rises for profit taking. There is NO "real thing" waiting, coiled for explosive lift-off. There are only careful, deliberate additions for advanced technology and for increasing production of advanced products. On the flip side, the recent slowdown is just the reaction to big percentage jumps in orders in the first half of 2002 which were, perhaps, too big. There will be another round of big percentage jumps in 2003 despite current anemic capital spending plans. Capital spending plans have 1 month to 1 quarter visibility. With advanced production at 93%, any increased end user demand will require capital expenditure.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next