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Technology Stocks : Micron Only Forum
MU 344.97+5.5%Jan 9 9:30 AM EST
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To: Charlie Smith who wrote (50497)2/10/2000 10:03:00 PM
From: Zeev Hed  Read Replies (1) of 53903
 
Charlie, possibly because despite the declining trend, it is still twice as high as at the bottom. I also think that few lunatic forecasters are suggesting that the chip sector is going to be close to 10% of GDP in three years (some people quote $600 billions in 2002) (well, not really 10% since the number is world shipments, but still, a number a little too high even if we assume US consumption at about 50% of that total or so).

Zeev
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