Fortunes of High Tech

‘Although I am not so sure that I will continue in this electronics industry, it is certain that in many ways these semiconductor developments are about to replace vacuum tubes. This makes the industry a very promising one to work in.’ -27-year-old Arthur del Prado in 1958 ‘One of the least available talents is the individual who can look at the inertias of business, visualize the future, and chart a proper direction with the bold selections necessary for success. There is no question in my mind that Arthur del Prado has that talent. Perhaps he is too strong in capability. -Interim-Chief Operations Officer Ray Friant in 1992 ‘All-in-all, this latest move by ASM is an interesting one: it is bold, and risky. ASM must be a believer of the saying “big rewards are usually accompanied by big risk.”’ -A competitor in 2001