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Strategies & Market Trends : Waiting for the big Kahuna
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To: Terry Whitman who wrote (21333)7/7/1998 12:09:00 PM
From: Mike M2  Read Replies (1) of 94695
 
Terry, the bears on the semiconductor industry would point to the excess capacity which is pressuring margins. PCs and peripherals account for about half of semiconductor demand. The rate of growth in PC sales has slowed dramatically and has turned negative in many parts of Asia. There is no compelling reason for the average PC user to upgrade. This excess capacity will not go away in a matter of months. Mike
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