Meet the Street: What to Do When the Chips (Stocks) Are Down

For chip investors, anything sounds better than 2001.

Dan Scovel Analyst, Needham

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Last year, inventory levels soared, manufacturing facilities were working below capacity, and revenues rapidly declined. The market is ready for an upswing, but despite a fall 2001 surge in chip stocks, the industry isn't necessarily headed for a quick rebound.

TheStreet.com talked with Needham semiconductor analyst Dan Scovel about the year ahead and what has to be done before the chip business gets better. ...