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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: the Druid who wrote (25297)12/16/1997 10:31:00 AM
From: Mohan Marette  Read Replies (3) of 176387
 
I see many holes in your assumptions. If your arguments were to be true then the U.S Auto industry should have been shut down long time ago,due to the fact that U.S households own more than 2 cars per family. How is that for saturation? Some other points to remember:-

1.there are still 57% in the US who do not own a PC.
2.The useful life of a pc is less than 4 yrs creating a huge replacement market.
3.Most of the world still run on pencil and paper.
4.Even in the US only some 50-60 % (?) of manufactureres use PCs for production and design-according to someone 'expert'on NBR a while ago. I could go on but you get the gist of my argument. One thing is sure and that is the long term prospect of technology is exciting and hopefully rewarding.
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