I think the cycle going forward is going to be more muted, or modest. I think 2005 was a good reflection of that.
More Quotes from Eric Chen:
Tachyon OPC is a natural extension of our market-winning Tachyon platform, giving customers a clear path to minimizing the OPC error budget and producing better-performing circuits sooner and faster. Until now, customers have had to deal with a delicate balance of compromises when producing advanced OPC-enabled circuits, including trading accuracy for speed. Tachyon OPC breaks free from these compromises.Eric Chen
If you look at it that way it is quite a big burden, particularly on entrepreneurial companies. In an indirect way what that does is translate into a much higher cost of capital for companies like us.
Eric Chen
We believe the shares of Numerical Technologies have been significantly oversold in the recent weeks given no change to the company's fundamentals and substantial progress in the company's strategic business plan. We are therefore adding the company to the Focus List in anticipation of what we believe to be strong near-term opportunities for share-price appreciation.
Eric Chen
It's almost like a flat tax. It doesn't matter if you are small company, SOX costs a set amount. That generally means you have to generate a lot more revenue to offset that cost.
Eric Chen
We are forecasting that actual capital expenditure growth will likely come in at or below 10 percent. Therefore, we are cutting numbers for 2001 across the board.
Eric Chen
Even in the current environment, for foreign startups to compete, is very tough. It may be more difficult for us, the accounting changes are fundamentally for the worse, but the infrastructure is still here, it's established.
Eric Chen
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