As this outline of the growth, we go back to ‘98, we had bookings have been grown about 12% in compound annual growth rate, you see some volatility in that. in the near-term, we’ve also had a good track record of continuing to grow, and as you can see if you look at the period of the great recession, we didn’t suffer a significant amount during that period. And I think that speaks to the robust of our diversified market geographic model for the company.If you look by segment, and let’s go through briefly what the segments are. Electronics, think semiconductor customers, think Intel, it’s about a third of our business, and we like it at that type. I’d like to emphasize lot of people who often look at noncyclical businesses are little bit scared buyback, and our thesis is within that segment we’re cyclical growth, our opportunity has been growing, and I’ll show you some data on that.
FEI's CEO Presents At Bank Of America Merrill Lynch Industrials And Materials Conference (Transcript)
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