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Politics : Formerly About Applied Materials

AMAT 223.31

-3.2%

Nov 13 3:59 PM EST

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To: StanX Long who wrote (54635)	10/24/2001 11:16:52 PM
From: StanX Long	Read Replies (1) of 70976

No tech rebound seen until late 2002 Study: H-P, Gateway may fall victim to weak PC market PC sales are sluggish, but $300 computers should reach the market by Christmas 2002 and kick-start consumer demand. Oct. 24 — The slump in technology spending is expected to continue until the third quarter of 2002, leading to further consolidation in the computer hardware business, according to a report issued Wednesday. But the “Webification” of corporate businesses, $300 computers and increased penetration of high-speed Internet services are bright spots in an otherwise gloomy outlook. msnbc.com

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