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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 318.61-3.0%3:59 PM EST
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To: runes who wrote (6382)7/7/2003 2:36:21 AM
From: Pink Minion  Read Replies (1) of 25522
 
And yet the '98 - '00 boom was the biggest one yet

That's because the PC component was still ~50-60 percent and still growing 20-30 percent

Fundamentally - the problem is that almost all of the demand components are correlated to the economy.

That would mean the industry would grow with GDP. During the PC boom years it grew 5 times that rate.
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