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


To: Margarita who wrote (21735)7/13/1998 4:28:00 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Margarita, the article is worth reading. Thank you! Excerpt...

The main culprits are chip overcapacity, especially in
the memory market, which has hindered new fab
construction; and the Asian economic problems that
have restricted the flow of capital to pay for
multibillion-dollar chip factories. "We think it will
bottom out in 1999," said Myers, "but the range of
estimates we received from the CEOs was from 12
months through the year 2000."


GM
bold emphasis mine