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To: Robert Scott who wrote (64)	11/17/2002 8:03:08 AM
From: Howard Bennett	Read Replies (1) \| Respond to of 81

semichips.org (I thought I had posted this previously...but didn't) “It is now clear that 2000 was a bubble that distorted the industry’s compound annual growth rate, pushing it above 16 percent,” said Sanders. “We believe that compound annual growth rates in the range of 8 to 10 percent will be the norm going forward over the longer term. This will represent a sea change for our industry. We can no longer count on the proverbial rising tide that lifts all boats. Nevertheless, a huge industry with compound annual growth averaging 8 to 10 percent will continue to offer opportunities for significant growth for companies that consistently deliver desirable products for their target customers,” he added.