A truly fascinating article. A MUST READ for PC sector groupies.
news.com
PC demand drives second half By Michael Kanellos
As the stock market continues to slide, rising PC demand is setting the stage for a stronger-than-expected second half for Intel and other PC-centric companies...
"It's just growth in the market," said Edelstone. "The big inventory correction is over." In the end, yearly PC unit growth for 1998 will be in the low to mid-teens.
...
Memory prices have been stable for five weeks, according to Danny Lam, a principal with Fisher-Holstein, a consulting firm, which indicates that the surplus of memory chips has dried up.
...
Memory has been going up drastically in New Zealand, he said. New Zealand has no domestic DRAM business and has traditionally been the place where Korean manufacturers have dumped their surpluses. Shortages there, therefore, can be interpreted as a sign of recovery.
...
Hard-drive prices have been stable or have increased, Lam added, while PC monitor prices are expected to begin to rise in October.
Was that one meaty, aggressive article or what? PC demand going up. Memory prices going up. HDD prices doing up. Yeehaw! Just as inventories are exhausted.
Koreans dump surplus memory in New Zealand?? LOL. Shall we publish and promote the KISSI? (Kiwi Surplus Semiconductor Index)
The article predictably does not present any conjectures as to the microeconomic rationale for the purported demand increase. Any banzai buckaroos care to take a shot? |
