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Politics : Formerly About Applied Materials

AMAT 270.13

-1.8%

3:59 PM EST

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To: Sam Citron who wrote (51862)	9/10/2001 6:29:46 PM
From: Proud_Infidel	Read Replies (1) of 70976

As a Corning manager pointed out at a recent Cowen confab, only 15% of world population has a telephone connection, 9% own a PC, 6% have internet access and 2% are in reach of a broadband connection. There is a low penetration of digital products among the worlds population to be sure. However, one fact that is seldom mentioned with these low penetration rates is the fact that currently 50% of the worlds population lives on less that two dollars per day. Therefore I think it will be quite awhile before the priority of the majority of the worlds people is what color cellphone to buy. BK

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