Applied Materials No-Politics Thread (AMAT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 223.95

+1.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BWAC who wrote (14678)	4/28/2005 6:28:17 PM
From: BelowTheCrowd	Read Replies (1) of 25522

What shortage? Where is a gas station pump dry? What station is limiting the gallons to satisfy demand? The previous post seemed to presume that a 40% increase in price should only occur in the context of a 40% increase in demand. That's not the case. In the face of inflexible supply (which is the current situation), even a small change in demand can result in one of two things: A huge price spike that drives demand back down, or a shortage if somebody tries to control prices as they did in the 70s. You are correct that at present there is no shortage, and I shouldn't have implied otherwise. There's no shortage because prices rose to the point where someone, somewhere in the world, decided to limit use in a way that they wouldn't have with oil at $25 per barrel. -btc

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next