Those newer sub 0.2um chips will spark new rounds of usage/upgrades and lift everybody. e.g. with 500mHz CPUs on desktops, now one would want 128mB DRAMS, digital cameras to bring in graphics, high bandwidth interconnections to get stuff in and out, much faster low cost access to data on hard D, sell off your LSI through your wrist watch computer, 19" LCD moniters for your desktops, keep an eye on your latch-key child through his wrist watch PC phone etc. etc.
And that's been the history of semi - recessions are gotten over not through recovery in sales of the old stuff but sales of the new stuff. And LSI has plenty of those. And since LSI is a $2B company now, the Gresham fab would be crucial too for the next upturn.
patrick
PS not to much volume today. I think the whole market would be under pressure until there is a recovery in orders, for everybody, not just LSI. Of course there's tax selling. A lot of LSI shareholders really got beaten up on this round. Translation = too bad I do not have money to buy ore now and have to wait till year end.
Also, for those who said that Wilf is not talking enough, I think he heard your complaint. |
