Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

sarai....

Shocking to hear that TSM is having customer pushout problems and looking for a slowdown<g>. When digesting this news, remember that the fourth quarter is traditionally the strongest quarter for chip and equipment companies, so when you get slowing in the fourth quarter it is double trouble.

I keep reading articles about how inventories are at the lowest point in many years, but that does not hold true in most tech markets where inventories have been on the rise once again. The consumer is slowing down, and back to school is shaping up to be a serious disappointment. I would be very surprised if Holiday shopping is not relatively anemic also.

The economy continues to slow down, in my opinion, and will not be turning up anytime soon.

mlsoft