Gary Grandbois Both Quotations

Both 2005 and 2006 will represent an extended two-year period of moderate growth before the market returns to double- digit growth in 2007.

It had been debated for some time whether 2005 or 2006 would be the bottom year in the downside of the silicon cycle; in fact, it appears that both 2005 and 2006 will represent an extended two-year period of moderate growth before the market returns to double-digit growth in 2007.