Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

The more I think about the Semi-conductor industry cutting their projected growth rate, the more impact I think it may have on the semi's. For years the analyst have been pumping the semi's based on 20%+ growth rates. Now the industry is looking at 8 - 10% growth rates. That's not going to sell well for issues that are selling for the high PE's based on anticipated higher and above average industry growth.

Here's a prediction. I don't think next year's growth rate will meet the 19.8% projection. This year's grwoth rate is projected at 1.8%. Sure it may be easy to grow from those numbers but I also think capacity will be even less next year.

Looking out ahead I'll make another prediction that on boards like this in 3 years we will be discussing health sector stocks as the new growth industry and the better traders will know the health sceince stocks as well as most of us follow and trade tech today.

Just a thought. Joe