Semi-Equips - Buy when BLOOD is running in the streets! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 142.62

+2.2%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: spiny norman who wrote (6571)	8/10/1998 1:58:00 AM
From: Michael Sphar	Read Replies (1) of 10921

Though I agree with your general view of the ongoing trend, I fail to see how you derive economic factors from Moore's Law which only deals with transistor density over time. I think the real economics is in the declining value placed on engineering component of products. As time goes the engineering premium is factored out leaving only the manufacturing costs which are relatively low and decline somewhat with efficiencies of scale. These two factors combine to result in continuing profitability even though prices decline over time. The key to these economics is continuing innovation of new products and continuing market growth. If either of these keys fail then trouble lies ahead hence the constant searches for the next killer app/component and the concern over collapsed Asian markets. Just some idle thoughts from another ne'er-do-well tech investor.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next