The Risk Range of the Semiconductor Market

Ladio: We're still in this wide dispersion and it's not uncommon to have 30% moves because that's what the data says. But just as likely when growth is slowing for you to have a plus 30% move in a 20 day period, so like plus 10 plus 15, whatever in a 20 days period is you're just as likely to have a minus 20. The bifurcation, the markets are still broken. It reminds me a lot of 2009. Ladio: This is a very exciting time but with a slow, it's a slow recovery. And then sometime in the fall is when we'll experience some type of maybe setback. That's my prediction