To: Proud_Infidel who wrote (35788 ) 7/17/2000 11:30:56 AM From: Tony Viola Read Replies (3) | Respond to Brian, I like Carl Johnson's views here a lot more than I did in the early days if SI when he was very bearish on Intel. I don't remember how he was on the rest of the semis. Hope he's right about the broader applications for semis now making us more resilient to downturn. There's been a lot of talk about that, here and all over, no doubt about it. You'd hope "they'd" learn to not over-capacity, etc., again. I asked that question myself of Wilf Corrigan at LSI's 1999 stockholders' meeting, like would the industry know better the next time around? He said 'probably not.' I hope he was kidding.One such analyst, Carl Johnson, president of INFRASTRUCTURE, a semiconductor industry research firm, describes the report as a "macroeconomic gut call sprinkled with fairy dust."The rise of the Internet, wireless communications and other new markets has boosted demand for semiconductors on the whole. As a result, Johnson argues, the industry is now much more diversified and, therefore, more resilient to downturn. The industry is less likely to be affected by a downturn in a single market, such as flash memory. The only exception would be an economic downturn, which could cut demand for semiconductors.
