Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: 16yearcycle who wrote (26232)	11/13/1998 4:52:00 PM
From: Katherine Derbyshire	Read Replies (3) \| Respond to of 70976

INTC is having record quarters, but they are not the semiconductor industry. INTC's total capital spending, even in good years, is barely enough to support AMAT, much less all 2000+ SEMI members. Furthermore, as someone else recently pointed out, even INTC is busy reducing headcount. That is not the action of a company about to go on a capital spending spree. The fact remains that semiconductor sales as a whole are picking up only relative to very poor recent quarters, and even SIA's own forecast for next year would not bring sales back to 1997 levels. Plot the numbers on a graph and see for yourself. Katherine