Amen bro.
It has been long enough.
I thought with the cycles it might recover in 3,then 6 then 9 and now 12.
At 12 I'm thinking with the huge shift to mobility - it is simply over due.
The one stark difference is so many firms have gone away.
Ran out of money and even more powerful the mergers and acquisitions.
The timing of today's market is very much like the day when Klac and Tencor merged.
It signaled the beginning of semi's expansion and the sector's trajectory into retail popularity.
The fabs are basically just 4 now and three are rushung to catch up to Intel.
When each of these fabs is spending 12 billion plus this year - think of the uniot count that will come off of the lines.
Smart phones are su[pposed to double 660 million a year, as PC drop from 10 % growth to 2% growth and tablets more than make up the difference.
As our real estate begins to contribute to growth and employment since a 6 year hiatus - think what a confident consumer who has paid off much debt can buy?
The good times are coming back and most can not even consider it.
Bob |
