Source: E. Clendaniel, "Silicon Still Matters," Forbes ASAP, pg. 60, March 25, 2002.

Rule No. 1: Chip sales drive the health of the industry.

Rule No. 2: The nature of the chip market makes boom and bust cycles inevitable.

Rule No. 3: When someone tells you something fundamental has happened that alters those rules, see Rules 1 and 2.

Every now and then you encounter a graphic that really makes you think. For those of us who graduated in the early 1980's and lived through the timeline below, this graphic certainly brings back lots of memories.

For those of you entering the job market soon, it should make you appreciate the importance of career management. We can often learn a lot from history...

-Joe Picone