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Technology Stocks : Semiconductor Industry Sales Trends

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To: cbstock who wrote (40)7/31/1998 6:15:00 AM
From: stockaholic  Read Replies (1) of 105
 
HI CB!!

Great, how's it going? Nothing wrong with buying good companies low.

I remember a few cyclical downturns for various reasons.
Airlines, retail, drugs, waste companies,banks,.....hmmm......
seems like almost everything goes to crap now and then.
Also, it always seems longer than it should be and it always seems so bad that people get spooked. I remember when I was younger and used to get a group report with a bar graph. Every quarter the groups changed.At the time Im thinking about, drug stocks were really out of favor.

Memory chips started this downturn ( I think) and that was way before the Asian Crisis. Microsoft is starting to go into TV's, and chips are all over the place. I even saw that they are putting them in designer clothes . Interactive jeans, etc. Chips and electronic connections are becoming more robust.Soon enough kids will be walking around with chips in their hair. Maybe that will be the next
"killer application".
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