You and I both know that, but very few other people know including the "market". (LOL) Some of the analysts sort of get it, but several don't and they have to write about their ignorance every few days to let the "world" know how they feel. They think MU and WDC are selling little chips that are hanging from display racks at Costco, WalMart, and Best Buy.
Oh yeah, and don't forget, Samsung is a year ahead of everyone else in memory technology and they are building HUGE fab houses that will be over supplying the demand in the next 6 months because they are going to spend multiple Billions(big bucks).
To the investors, don't you get it, now is the time to sell and get out. This sector is going nowhere and now is the time to "bail out" before the crash, save your money, and buy in at the coming bottom of the cycle.
Very few have the knowledge that the market is really expanding for new applications and new systems that require memory, and if the economy continues to remain strong, this new market will take everything the fab companies can throw at it and they will continue to prosper.
In other words, very little in the way of a "cycle". |
