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

To: Proud_Infidel who wrote (23307)7/12/2008 3:05:59 PM
From: Kirk ©  Respond to of 25522
 
Curious if anyone here tracks the share price of AMAT versus gas.

When AMAT was at its peak, 1 share would buy about 45 gallons of gas. Today, it is down to about 4.3 gallons.

Well, that statistic gave me some gas!

If only we'd sold our AMAT at the top and bought XOM!



To: Proud_Infidel who wrote (23307)7/12/2008 5:13:21 PM
From: etchmeister  Respond to of 25522
 
1 share would buy about 45 gallons of gas. Today, it is down to about 4.3 gallons.

The ratio becomes even more impressive if you compare how many gallons of gas it takes to buy let say a laptop

AST / Toshiba laptop I recall in $4000 range while gas was around a buck and change.

Not even considering the improvement based on Moore's law technology is practically given away for free compared to 20 years ago


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