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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Pink Minion who wrote (11506)9/9/2003 8:36:14 AM
From: Sam Citron  Respond to of 95756
 
No wonder why AG is such a fan of technology as the fountainhead of our "productivity miracle". Since customers spend half for the same processing power every 18 months, we could see declining nominal outlays deflated into real gains except for technology vendors and the jobless for whom it will not feel so real. But why stop at Moore's Law? Why not put Metcalfe's Law into the GDP deflator as well? <g>