Gottfried, (Semi-conductors) The article implies a downturn again in 2005. If they are looking for 19.8% in 2003 and 21.7% growth in 2004, with and estimated 8-10% compounded growth rate in the future, 2005 and beyond sales must suck. Here's a excerpt.
>>>"The group also culled its global revenue forecasts again this year. Global chip sales are now expected to grow 1.8 percent this year, 19.8 percent in 2003 and 21.7 percent in 2004 compared with mid-year forecasts for growth of 3.1 percent, 23.2 percent and 20.9 percent, respectively.
Despite the reduction in growth rates, Sanders said business conditions are moving in the right direction. "The long-awaited recovery is underway, unfortunately it doesn't feel much like a recovery."<<<
