We believe the industry is maturing.

If you're president of Texas Instruments and you go into your board of directors and say, 'Next year, we're just going to keep our market share,' you're out, you're fired. Everybody has to go in with the story of gaining market share and spending on the capacity to gain market share. Of course, it all just doesn't add up.

The chipmakers are always the last guys to find out that there is excess inventory. The inventory situation has really kind of shown itself recently so it is something that we're identifying right now.

There really isn't a consistent cycle right now. The cycles are definitely in place, but the timing of the cycles is now what's a little bit different.

I had to accept the fact that bad things happen. It’s out of our control and I know it hurts like hell but you learn to move on. Yes, the pain never fades and it’s the hardest thing you’ll ever do but eventually you learn to breathe again.

And the three men I admire most, The Father, Son and the Holy Ghost; They caught the last train for the coast, The day the music died