Nevin, Dan Niles on Intel, thanks for the Briefing recap. I saw Niles on CNBC last Wednesday, I think it was. He was there mainly to talk about Dell's earnings, and after he and the CNBC guy (not Haines or Insana, early afternoon PDT guy) talked Dell enough, the CNBC guy switched the conversation to semis. He said something like 'you must be recommending Intel, right?' (CNBC guy rather clueless). Niles said, no, actually for the short term he'd recommend AMD over Intel. Went on to say that AMD was more of a bargain, Intel being at an all time high, and AMD nowhere near it. He then said, looking like he had some reason to not sell Intel short on CNBC again, 'hey, Intel is a great company. In a two or three year time span, you can't help but make money on that stock.' I don't remember if he said why he liked AMD short term, other than because he saw it as a bargain. If he'd said Athlon, I certainly would have picked it up. I was on vacation and just in and out of the hotel room briefly to make a phone call.
One thing I caught on the Dell part was his answer to the question about would Dell be affected very much by Y2K. He said not really, because Dell's "enterprise" sized servers were only about 16% of their business, and those are the machines where you'd expect any potential problems that would make customers leery. Said he'd expect IBM and HP to see the most problems, or slowdown in sales. Maybe now IBM and HP holders hate him the most!
Tony |
