bull market reasoning (corrected)

[Michael Perelman]

I don't know the relationship between the overall profits of the company and the
status of their small logic chips.  The latter could still be profitable, but I
have absolutely no information.

Also, as I understand it, Taiwan is the hot center of chip production.  Their
Via company is setting out to challenge Intel in inexpensive chips.  I do not
know what their prospects are.

Rakesh Bhandari wrote:


> >Rakesh, don't the Japanese companies excel in the production of small logic
> >chips that work in non-computer consumer goods?
>
> This would probably be Sony and Matsushita both of which have been turning
> only modest profits. Yet relative to the consumer electronics sector the
> personal computer industry has risen, which priviliges the design intensive
> logic chips (inc microprocessors) in which the US excels.
>
> Yours, Rakesh

--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901