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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (7459)10/8/2003 9:00:18 PM
From: Sam Citron  Read Replies (1) | Respond to of 25522
 
According to your chart, at the peak in '96 one ninth of semi sales went to equipment, in '98 it was one seventh, and in 2000 it was one sixth. So it looks to me like the secular trend over the last decade has been one of rising capital intensity, rather than declining capital intensity as the analyst indicated.