Silicon Investor (SI) -- The First Internet Community

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.

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

To: Joseph Beltran who wrote (48789)	7/6/2001 3:40:03 PM
From: Proud_Infidel	Respond to of 70976

Glimmers of hope: But Morris Chang, founder and chief executive of Taiwan Semiconductor Manufacturing Co., said the foundry market is now showing signs of strengthening. "The downturn will last two or three quarters. We touched bottom in the second quarter," Chang said. "The third quarter will be slightly better than the second, and the fourth quarter will be slightly better than the third."

To: Joseph Beltran who wrote (48789)	7/6/2001 5:49:36 PM
From: w0z	Respond to of 70976

"This could well be a case where the government -through its greed- has killed the golden goose. Joseph, I don't recall the UK government forcing BT to pay outrageous prices for spectrum. The truly sad thing is that, if they weren't tied up with the GSM cabral, they could have used CDMA in the existing spectrum. I don't have a lot of sympathy for BT. Let NOK bail them out! An interesting point about telecom was made by Jim Cramer the other morning on CNBC...the telecom companies can buy equipment at fire-sale prices now which should help reduce their cost structure. Added to that the growth in wireless at the expense of the wired carriers and there are some very interesting displacements going on...like several in my family who are now using wireless (Sprint PCS) for ALL their long distance in addition to normal mobile use. For a small plan (200 mins peak and 1000 mins off-peak for $34.95 per month), long distance is 2.9 cents a minute for wireless versus a typical 7 cents per minute for the major telecom companies...and it gets even better for higher volume users! This trend is good news for the RF IC manufacturers that make handsets. Even in a recession people are changing their phone usage when they see an obvious way to reduce their total costs.