Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (9926)	10/28/1997 8:50:00 PM
From: Math Junkie	Respond to of 70976

<But then again I could be totally wrong and a 7% slower growth only drops 2 bil from a 15% growth of 34 bil.> Read it more closely. They didn't say growth "of" $32 billion, they said growth "to" $32 billion. In other words, they are not saying the growth will be $32 billion, they are saying the total amount of business will be $32 billion. The figures given imply that the present level of business is $29.6 billion: Old forecast: 29.6 x 1.15 = 34 New Forecast: 29.6 x 1.08 = 32