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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (8295)4/17/2003 6:47:31 PM
From: Berk  Read Replies (2) | Respond to of 207022
 
Chip, I always look forward to your market interpretations so I wanted to say thanks.

With regard to the semiconductor article which I intend to read let me make the following observation:
In the seventies I worked for a mainframe computer company and every year we wondered where next years sales would come from. With that thought process IBM priced their initial machine to make money at a low number of sales because they didn't think that they would sell many. To their surprise they sold thousands. Remember the initial PC? Ken Olsen (DEC founder) thought that they were a curiosity with little market potential. The net is don't ever forget the power of Moore's law and the impact it has on demand for semiconductors.



To: Chip McVickar who wrote (8295)4/20/2003 10:36:01 PM
From: Peace  Read Replies (1) | Respond to of 207022
 
We may be saturated for a given product but aggregate demand for chips will simply keep growing as they find their way in to more and more places with new applications. Linux etc will only make chips sell more creating more demand for devices for which prices fall. Chips are the brains not the muscle and there is no such thing as too much brain power. <g>