Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 148.40

+3.6%

11:06 AM EST

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To: Proud_Infidel who wrote (10177)	2/7/2002 12:12:41 PM
From: Robert Douglas	Read Replies (1) of 10921

Fully one-half of the world's population lives on less the equivalent of $2 a day. Keeping up with the latest and greatest computer is not a priority for the majority of the world's people, nor will it be anytime soon; their priority is simply making it from one day to the next alive. I don't think that's a fair analysis. Nobody expects those living in 3rd world poverty to become PC owners in the next 20 years. They don't need to. It's the middle classes of emerging countries that will be buying the PCs. And some of those middle classes are very large in number. It used to be that developing economies followed a very predictable and long path as wealth was accumulated. But today that growth is compressed as countries skip the middle stages an go straight to technological societies. Even in the poor countries as infrastructure is put in place there will be a need for computers to run it. You don't build a power plant without a host of computers to run it. Remember, the U.S. population is only 5% of those in the world.

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