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

To: Ramsey Su who wrote (24293)	9/15/1998 10:48:00 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 70976

I thought Morgan said 10B "early the next century." I think he meant the NEXT century, 2103 or so. kidding.

To: Ramsey Su who wrote (24293)	9/15/1998 10:54:00 AM
From: zsteve	Read Replies (1) \| Respond to of 70976

even WDC said they would be a 10 Billion company in 5 years in '97's annual report.

To: Ramsey Su who wrote (24293)	9/15/1998 12:05:00 PM
From: Gottfried	Respond to of 70976

Ramsey, I have a different interview with Stanley Myers, president of Semiconductor Equipment and Materials International by Investors Business Daily. Posted here June 21.1997: exchange2000.com excerpt >We think we'll be back to double-digit growth in '98 and '99. I think then we'll be back at a level that's really, in my mind, the true sustainable growth in our industry, which is in the 20% to 25% range.< and IBD: When could that next downturn occur? Myers: I would say . . . we're talking (about sometime) past the turn of the century. So much for anyones ability to predict accurately. These people do their best, which is woefully inadequate. This should serve to underscore the fact that anyones prediction of $XXXm sales by the year 200x is completely meaningless! GM