Fundamentals can't be that good... here's some analyst chatter on their current Taiwan Trip:
A handset PCB maker told us that its handset PCB unit shipments would
decline by 45% QoQ in the March quarter. It noted broad weakness in demand for
handset PCBs across customers, and believes the issue is at least partly driven
by inventories
PC related data points: Vista has not yet appeared to generate a lift
to PC sales, and not expected to in Q2. Intel appears to be pricing
aggressively in the chipset market.
