07-31-2006, 07:01 PM
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Mystic
Join Date: Nov 2006
Posts: 1,887
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LCD displays are a classic semi-conductor business cycle.
Sales boom feeds overexpansion which leads to glut, which leads to bust.
New price floor leads to new boom and new overexpansion.
We're in the early stages of the glut, when manufacturers warn the end of price cuts is near. (Wishful thinking.)
The glut doesn't end until retailers start *raising* prices.
Me, I'm thinking the bloodletting will continue at least into next spring.
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