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Politics : High Tolerance Plasticity

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To: Gottfried who wrote (18473)	1/12/2003 1:22:33 PM
From: Sharp_End_Of_Drill	Read Replies (1) of 23153

Gottfried, >>>Steven, >why shouldn't a chip be priced (and the company producting it) the same as a lug nut?< Fabs to make chips cost billions. I think it also takes a little more skill than producting lug nuts. Gottfried<<< Plants to produce gasoline, etc. from crude cost many billions of dollars - but yet we have gas selling for less than drinking water and milk. There is a major glut of refining capacity, plants have negative values (mainly due to environmental issues), etc. It's all a question of capacity, and right now the chip fabs have tremendous overcapacity. I've also seen lately that the Chinese and Koreans are adding more fabs for the big diameter stuff - exactly what we don't need. I see nothing but pain and lower valuations ahead for semis. Sharp

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