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


To: Tony Viola who wrote (30070)5/11/1999 1:31:00 PM
From: Stefan  Read Replies (2) | Respond to of 70976
 
You are right as to the communication sector still doing well but uP are not doing well. INTC cut their cap spending in half from the previous $4 billions. With current cuts of 30% on PIII it does not look like the demand is there.

Do you recall what was the consensus estimate in '97 for the industry growth in '98 and '99. Go back and check the numbers and you may learn how good semi forecasting is.