"PALO ALTO, Calif., June 7 (Reuters) - The two-year-old worldwide semiconductor slump may drag on due to the Asian financial crisis, lackluster personal computer demand and a worldwide glut of memory chips, industry analysts say."
regarding demand for pc's, in general... this from james cramer on today's tsc:
"Random musings: Ted Waitt, another American original, confirmed a ton of positives about the computer industry in general and his company, Gateway (GTW:NYSE), in specific, when we interviewed him for the show. He acknowledged that he had not felt as optimistic or as comfortable about his compamy's performance in some time. He acknowledged that phones were ringing off the hook and business was hand over fist.
Someone asked me after the show whether I thought Waitt was being overly optimistic, and I said, nah, you just don't go on national t.v. after seeing the daily orders for computers that he has and blow smoke about things being great. Too much liability. Too much downside . . ."
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