Mr. Butcher:
Sir, regarding your comment:
>> Looks like we have a saturated industry, Japan on the brink of financial collapse<<
A saturated industry? Would you call the auto industry a saturated industry? After all, doesn't just about everyone you know drive a car? Maybe even several cars? Yet, Ford still manages to eek out a profit (and quite a substantial one over the last several quarters). Isn't the soft drink industry saturated and competitive? Yet, take a look at Coke.
The PC industry in general, and the chip industry in particular has not even scratched the surface of its potential markets. To call the industry saturated at this point in time is incredibly short sighted. It is difficult to comprehend 10 to 20 years down the road the role that microchips will play in your daily life - but I guarantee they will be far more prevalent than they are today.
I understand your comments concern the very short term movements of the market, but for those with the patience to seek out companies that might benefit from these trends in the future (IMO), and the conviction to hold them through uncertain times, these comments seem quite silly.
Regards,
Ron |
