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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (38810)	10/26/2000 12:04:53 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 70976

Brian, Looking at your industry posts, I find the contrasts intriguiing. It seems that every CEO and industry association is willing to admit there are some problems elsewhere in the semiconductor industry, but not in the areas that affect their concern. Here is a sample from two your most recent: ``Korean chipmakers' prevailing view is that the DRAM business will be stable and grow until 2002, given the fact that new memory investment has not created oversupply,'' it said in the statement. ``The recent softening chip price is unlikely to lead to their deteriorated profitability.'' Lee Yun-woo, chief executive of Samsung Electronics' semiconductor business and also chairman of KSIA, said on Monday the DRAM market was expected to reach a tight supply situation in the second half of 2001. But then you have NEC contradicting it. I find NEC's press more honest, even though it is written with their own spin (i.e. our estimates are accurate and we'll meet out profit targets). ``Oversupply is not foreseeable until 2003 given the lack of new fabs moving into volume production over the next 12-18 months,'' he said. ``We expect dynamic random access memory (DRAM) prices to fall drastically in the January-March period due to seasonal factors, but that has been factored into our latest estimate,'' NEC's Nishigaki said. ``If demand is weak, we will deal with our capital expenditure plans appropriately,'' he added, suggesting that spending on plant and equipment could be put on hold. I think it would be useful to contrast the various reports from different companies over the past month to get a more accurate picture. In business, as in politics, everyone puts their own spin on the news and blows hisown horn. But they tend to be more honest about neutral aspects. ST BTW, A wise man once said, "One is no choice at all. Two is a dilemma. Three is a real choice." So I find all this debate between how good is one party and how terrible the other rather amusing. Until corporations are not allowed to contribute in any shape or form to the elections and until barriers to entry to national elections are not removed, there is no real choice. The more extreme side of these debates are much ado about small difference.