INTEL and MSFT are GREAT buys at these prices--for long term investors. They are the leaders in their field and INTEL is constantly introducing new products and doing joint ventures "Intel will creat the demand" Groves says. "If we don't make computers more useful, there won't be demand for the chips we'll be making in a few years. So we have to create users and uses for our microprocessors. We get the market growth we earn--by our develpment efforts, our investments, and our proselytization. That's absolutely in our psyche now." (see article in Feb. Fortune Magazine)
Todays News:
News Alert from Reuters via Quote.com
Topic: Intel Corp
Quote.com News Item #2020744
Headline: Intel (NASDAQ:INTC) spells out strategy in "eyeball war'
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LONDON, Feb 6 (Reuter) - Personal computers must provide
stronger images if they are to win out against television in the
battle for consumers' leisure time, Intel Corp president and CEO
Andy Grove said on Thursday.
"We have to combine interactivity with a superior viewer
experience," Grove told reporters, outlining a strategy for what
he called the "war for the eyeballs" with television.
Grove said the key for the personal computer market was
maintaining interactivity while improving the sound, images and
three-dimensional animation offered to users.
Interactive services such as home shopping and home banking
are likely to be available through the digital decoders which
BSkyB (ISEL:BSY) will introduce as part of its UK digital satellite
television service later this year.
But Intel executives said that the personal computer would
continue to provide a much greater range of such services.
Grove, who was speaking at a London conference, said that
Intel, the world's top microprocessor manufacturer, would retain
close links with software leaders Microsoft (NASDAQ:MSFT).
He agreed with a recent U.S. study which described the
companies as complementary and added: "we continue to build on
that relationship."
-- London Newsroom +44 171 542 7717
Copyright 1997, Reuters News Service |
