Not even my posts contain as much unsupported assertion as this.
>- The only "practical" CPU path for the NC is the INTC chip.
Huh??? Try telling this to Scott and Larry, not to mention Emelio. Each of their companies is designing an NC which will NOT require Intel chips. Furthermore, I thought Intel wasn't too excited about the NC, so it's not like it's their main focus. Their main focus is, and will always be, PC's.
You say Intel is the only "practical" choice. What does "practical" mean? If what you mean is, "runs existing Windows software," then you are correct, at least until others' chips are able to run multiple operating systems. But if you mean something else, then please tell us what you mean.
>- Much of the world is just coming out of a cyclical downswing (reference Japan
>and some of the EU).
The part of the EU that is in the monetary union is not coming out of its recession anytime soon. The Germans just won't let it happen.
As for Japan, they still have a banking crisis to deal with.
And of course all of this assumes the largest market in the world, the U.S., does not go into recession. And it fails to mention the rest of the world that is NOT Europe, Japan or the U.S.
> -The US itself is just emerging, albeit slowly and carefully on a real basis from a
>cyclical downswing.
Huh? You call the second-longest-running peacetime recovery in U.S. history "just emerging . . . from a cyclical downswing"? I'm not saying a recession will happen tomorrow, but with Clinton safely reelected, one more impediment to a recession has just been removed. Unemployment is historically low, and the Fed is antsy about interest rates. By the averages, a recession is overdue.
>What happened to INTC during all of this doom and gloom,
>from about $12 to $118.
Right -- as the economic cycle moved up, so did Intel's stock price -- just like any good cyclical stock should behave.
Did Intel grow during that time? Of course, and part of the price reflects that. But I still say its more a cyclical than a growth stock. Of course, I hope I'm wrong. :) |
