Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 213.43

+6.2%

Dec 19 9:30 AM EST

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To: paarl99 who wrote (210577)	9/10/2006 10:48:39 AM
From: neolib	Read Replies (1) of 275872

One thing worth keeping in mind is that the average cost of upgrading to a new PC has continued to trend downward since the last recession, thus making PC producers and their suppliers a little more recession proof IMO, as these are lower ticket items. I think the shift to laptops and LCD monitors will continue even for those in the low economic strata, and even during mild recessions. The $ are just not that much anymore to upgrade periodically. Having said that, I do think the affect of the housing boom has been much greater than many are counting on. In the rural area I live in, with generally high unemployment, but a big housing boom over the last 3-4 years as a result of wine cultivation and exposure as a great investment/retirement place to live, things have been great. A housing slowdown here will leave lots of people under considerable pressure. Unfortunately, actual data on what fraction of the local economy is construction related is hard to find.

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