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

To: advocatedevil who wrote (51324)	8/31/2001 9:37:52 AM
From: Dr. Mitchell R. White	Respond to of 70976

AD, that's true, bookings don't bottom until fabs crank up a bit, and they're still dropping their use rates. Look at the Chartered announcement of yesterday for example, and TSMC and UMC a few days back. The overcapacity situation doesn't seem to be adjusting, tho I think it will soon. But shrinks that add to the capacity problem by making fabs capable of more output for the same loads are still happening. If fabs stop shrinks, then the cure is worse than the disease. <grin> What we need is some growth in chip demand, and I don't see much of that soon, do you? The recent rise in semiequip book-to-bill isn't indicative of any return to health or growth; just that many companies don't have order backlogs, so the bill number is shrinking. Next comes layoffs.... Mitch