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Technology Stocks : Semi Equipment Analysis

SOXX 312.76

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Dec 8 4:00 PM EST

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To: sixty2nds who wrote (28019)	1/19/2006 12:54:10 PM
From: etchmeister	Read Replies (1) of 95536

Just a quick macroeconomic review here: What does "price elasticity" mean again? Appleton: Basically, it means that every penny the price drops, the more you will sell. When you think about what happened in DRAM, we had great price elasticity in the '80s and throughout the '90s. The price elasticity of DRAM exists today, but it's not that great. The PC guys have, essentially, kind of peaked on putting in more (DRAM). Maybe when (Microsoft) Vista comes out, it will require a lot more DRAM. news.com.com

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