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Technology Stocks : Micron Only Forum

MU 236.48

+2.7%

Nov 28 9:30 AM EST

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To: Zeev Hed who wrote (52705)	6/28/2001 8:31:35 PM
From: mu_basher	Read Replies (1) of 53903

Zeev I have no dispute about your conception of the "Death of the PC". Certainly there will always be a demand from new sources (buyers) and replacements as time marches on. I agree 100% that the hedonistic growth cycle of the past has & will diminish more with maturity in the industry. The PC has made its mark and will always have an important role in US and world economies. But what I wonder is just how strong that "outside world is still starving for luxury" will translate into actuality - sales and profits. Its one thing to actually have the desire (want) and at the same time do it. Unless prices sink so low that they give them away will economic conditions of the outside world allow those people to buy them??? Wouldn't you think that other more basic needs such as food, housing, health care etc.. far exceed that "luxury" of having a PC. I guess the time frame of the scenario will tell us - if economic conditions improve significantly for those people then maybe PC's will score a big hit and provide the impetus you refer to. Then again maybe not. I'm really a strong believer that the changes facing United States has been downplayed. The one last area of great wealth that has not been taped is the inheritance factor. Many boomers are sitting in positions of receiving large inheritances from parents that have ridden that crest of 1929 depression, WWII and Post War Boom . I'm not sure how that is going to play out.

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