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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (42449)1/2/2009 8:22:41 PM
From: Donald Wennerstrom  Respond to of 95585
 
Sam, LaPedus makes for good reading, particularly since we have just been able to read his predictions at the beginning of 2007 when he made predictions for 2008. He didn't do too bad in those predictions, so he could be a good one to "listen to" this year as well for 2009.

I picked out a couple of items from his list that is of particular interest to this thread.

<<Hold on to your seats and buckle up. The semiconductor equipment industry could see its worst year ever in 2009. My prediction: Minus 50 percent!>>

and

<<global chip sales are expected to fall to $219.2 billion next year, a decline of 16.3 percent from what is likely to be achieved in 2008, according to market research group Gartner Inc.>>

If those numbers come to pass, stock prices in these areas will continue to suffer - a lot.