A great source of Pentium Pro buying is Windows NT 4.0. Many companies are upgrading their entire entperprise to NT 4.0 Server and NT 4.0 Clients exclusively to reduce administrative staff overhead.
NT 4.0 requires a great deal of RAM and also a Pentium Pro processor to run well. Hence, we should expect the BTB to push well past 1.0 shortly as demand for RAM surges. Also, Intel's revenues and profit should surge dramatically for at least the next 12 months. As I've posted before, I see a PPro 220, 233, 240, 266, 280, 299, 320, 333, 350, 366, 380, and 399 in the immediate future. Intel didn't integrate the L2 cache into the chip to play around. They are going to push the Pro Mhz as far as it can go. Add to those sales additional home market demand for the MMX and you can't help but predict just a great year for Intel in 1997.
I'm surprised the stock is still at these low levels. It deserves a PE in the range of 30 to 40 based on dramatic growth expectation over the next 5 years. Microsoft gets it with similar profitability. So does Oracle. Why lump INTC with memory producers like TI? Shouldn't their PC be based more on profitability and growth than on the industry average? Investors have underestimated Intel for too long. Finally now I believe they are starting to wake up. Hats off to those who knew it all along. The next 5 years are going to be great fun.
Great job, Mr. Grove! |
