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Politics : Formerly About Advanced Micro Devices
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To: Charles R who wrote (107328)4/22/2000 12:54:00 PM
From: tejek  Read Replies (1) of 1572940
 
<The slow global PC growth forecasts for 2000 have turned out to be worthless. The whole world wants to get on the Internet, and for the next couple of years they'll be logging on with PCs. With quality laptops now close to $1,000, many people in the U.S. are going to get one as a second home PC. I think sub-$1,000 laptop sales will explode during the 4th Quarter 2000 with AMD chips gaining the lion share of the market.>

In hindsight, I think a lot of this boom is being driven by companies and individuals converting the funny money in the internet stocks to pay for goods and services. I will not be surprised if we experience a serious downtick in the business as some of these valuations disappear.

Charles,

I don't know....most of the pc growth is occurring outside the US. I think internet funny money is going into the purchase of homes, cars and boats. I think pc purchases are for real and are made up of US citizens playing catchup, and foreign countries and their residents buying pc's so they can participate in the world economy. Even the French are starting to go online after resisting for several years.

The pc growth rate isn't huge but its enough to keep two pc chip makers pretty busy.

ted
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