GS MKTS

Bad News For Semis: Equipment Orders Continue To Rise

Excellent note - Additionally, CSFB is downgrading the sector this morning. Their note is pretty good. Specifically, they have downgraded VSEA & LRCX as well.

Taiwan Semi's Founder Predicts Gloom and Doom For the Chip Industry

ENTIRELY in agreement ... I was voicing my frustration at the shallower cycles and ever increasing hordes of folks trying to jump on the same trades. The only name I like into this ever increasing cycle of lower cost / higher product number is TSRA ... have to work more on it.

Taiwan Semi's Founder Predicts Gloom and Doom For the Chip Industry

Well, its good for the semicaps though (although that is in bubble mode too - memory glut). But it explains the shallowness of the cycles to a large extent.