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

To: Big Bucks who wrote (7565)	10/16/2003 7:30:47 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 25522

Re:Also, consider that if semi equip manufacturing becomes cheaper that pricing of products will also necessarily become cheaper which reduces profits and corporate earnings.... Not quite sure I follow you here. Demand (and thus pricing) for equipment is determined by demand, or lack of it, of IC's. Pricing for Equip manufacturing will always be determined by this. Brian

To: Big Bucks who wrote (7565)	10/16/2003 8:00:09 PM
From: Bookdon	Read Replies (1) \| Respond to of 25522

We are drifting off-topic (AMAT prospects) at bit, but consider this: AMAT fortunes may be improved by moving tool manufacturing off-shore (lower costs, improved margins, closer to customers). That would be good for share-holders. Just like Pittsburgh in the 1970s (when Steel went away), Detroit in the 1980s (when auto manufacturing went away), and Allentown (PA)in the 1980s (when telephone manufacturing went away), Silicon Valley and Texas will have their problems, but will eventually recover. To what? We don't yet know. This is an old story: textiles in the south, railroad equipment (still a bit in Erie, PA), light bulbs (New York), oil (Louisianna). No business focus is forever. Change always occurs. The problem is, how to make the transition.

To: Big Bucks who wrote (7565)	10/17/2003 2:13:06 AM
From: Ira Player	Respond to of 25522

BB, I don't know what they are to do...(By the way, I'm one of them...) However, attempting to dam a river that is already at flood stage is a risky and seldom successful endeavor. Knowledge is a deteriorating asset. The longer you sit on it, the less valuable it becomes. If engineers and designers are going to keep the jobs in the US, the productivity and innovation must be accelerated. Economies that are “behind” the US are not static and are not composed of stupid people. They have the skills required to access the world and make decisions that improve their situation. When a well trained individual in a “third world country” accepts a job at 1/5 the US equivalent wage, he/she is still upper middle class in his/her economy. With reduced frictions, jobs will flow to the lowest level, by an economic force equivalent to gravity. And like gravity, it is not something that can be ignored or controlled, only acknowledged and compensated for… Ira