The market is likely to continue drifting down and may reach a low point on Friday.
The market for these new technologies could reach $10 billion by 2002.
"Buy them back now," said Simon when the market reached 4 percent.
At this point we are in the position that the market had reached just before Apple got interested.
The end of that string came well before the market reached bottom the following spring.
The product's market could eventually reach $500 million annually, he said.
The market has simply reached the highest point that it will, for some time (usually a few years).
Some have estimated that the global market will reach $11.7 billion by 2015.
"The market reached a technical level at the close of trading."
For most of them, the market had some time earlier reached a saturation point.