Intel Corp (INTC)

[Elmer Phud]

Semi -

I read some article recently on the web, I can't remember where, in which the writer was trying to make the point that the cyclic nature of the semi business was at "It's peak" again after 2 years of growth, and the doomsday scenerio was, that it was downhill from here.

I suspect you have some insight into fab loading and I know you can't comment in any detail. I have an opinion on that matter but unfortunately I can't comment either.