|
Wizard, the situation with the Koreans is more than just an "unwillingness" to get plastered once again on DRAM prices.. the next time, They don't get a choice about it!! They are short anywhere from $7 to $10 Billion in capital to keep up with the next RAM phases, and there will BE NO LENDERS to them if they cannot forcast a PROFITABLE prospect for their projected output.. This is exceptionally bullish for MU, and moderately so for TXN, IMHO...for at least the next three to five years.. The days of the huge gluts is over for the time being. Margin expansion on new product will be astonishing..again, IMHO... So this cycle is just getting underway...and under exceptionally favorable conditions for certain chip makers... I expect LSI, VLSI, etc to benefit peripherally, to a lesser extent, in that newly capitalized competition should be a receding threat... Nice upcyle for all our guys, IMHO.. Lots of fun ahead! (and the "Smart Guys are making their bets...techs are running!!) Cheers, Wiz.. TSO |
