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Chip makers have been flaky for years without regard to current economics. If they made any breakthrough devices, they would have years of orders ahead. As it is, memory is just memory and the most easily in surplus.
Alcoa in Rockdale has been slated for cutbacks for years. Sort of running slow about it. I was hired almost 2 years ago to take down three of the generators, and I think they still do not have the take down date.
As far as the Vulture Capitalists, (the Silicon Valley story) the real operators LIKE hard times, it gives them twisted playing fields and new opportunities. Silicon Valley's real fall down (spent part of this Spring working new tech projects out there) is that the folks that came up in the area still want to run things they way did back when -- so they are becoming Stuck-In-Concrete old time business model thinkers -- like Ford and GM -- instead of the innovators they were in their youth.
Not saying these are good or bad things, but they are just things and have NOTHING to do with the banking mess.
As far as the Vulture Capitalists, (the Silicon Valley story) the real operators LIKE hard times, it gives them twisted playing fields and new opportunities.
I heard today that Micron is cutting 1,500 jobs, most of which are in Boise.
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