Patrick Ho Quotes (11 Quotes)

Samsung has placed price pressure on Intel in flash memory. When Intel raised flash prices last year, Samsung was a big beneficiary,

Chip stocks are testing trough valuations but if we have a seasonal pickup the downside is somewhat limited. But if you don't get that seasonal pickup, then chip prices drop and inventory gets dumped in the channel. That's when havoc ensues.

Investors have been looking for excuses to say the chip cycle is over, ... But I'd guess that things don't plateau until mid 2005.

Fundamentals for the semiconductor industry will continue to be strong but from a stock basis, the growth prospects will be less than they were in 2003.

Obviously whenever inventory builds, in the back of your mind, there's always a little bit of a concern.

People are interested in hearing what back to school trends are occurring because that sets up the holiday season. Whatever Intel says is likely to have a big impact on the state of overall tech demand.

If nobody's buying PCs then nobody is buying chips and nobody is buying equipment, ... Having a healthier demand environment gives chip makers more confidence to migrate to leading edge equipment.

You are entering a seasonally softer period, so you don't want to have inventory at a worse level in December than where you were exiting the September quarter,

A lot of the negative news was baked in to the stock already.

People are confusing some of the normal seasonal slowdown we get in June with being some type of secular change in the environment,

When sequential growth starts slowing down, that's when savvy investors will have to think about getting out of the chip sector,