Black, could you please expand on your suspicion of a buyout by intel.
On the topic of intel's earnings, there may be a sell off in the tech stocks tomorrow I agree. There are a lot of people that believe that the tech revolution begins and ends with the pc and the microprocessor as it exists today. They have been focusing of late on the rapidly falling prices of the home computer and the fact that to do many things that the pc user does today, get on the internet, download some music, check email, etc., you don't need anything faster or stronger than a 300 MHz machine with plenty of memory. WHAT AN INCREDIBLE LACK OF IMAGINATION! Hear I am typing this thing when I would have liked to have just spoken it in and not have to worry about the fact that my spell checker let the first word in this sentence go without flagging it. Maybe I could leave the translated typed text on the SI board as I am doing here or maybe just left a digital recording (I am sure I would not want to post my talking head though).
We need at least a factor of 100 to a 1000 in processor speed, internet speed, and much more than that in storage just to do the things that we can easily imagine today. Things that should be common place and so cheap that everyone will be able to have access without really thinking about it. Companies like intel, emc, cisco and microsoft are all over this, why anyone would want to trade these stocks is beyond me. Short term thinking is what is keeping these stocks depressed but that's fine with me since I've got a long way to go before retirement and I am putting new money in all the time.
I got into CUBE a couple of years ago thinking DVD, but they have jumped to a new league in my opinion with divi. It's all about bandwidth and compression and cube and divi are right in the thick of things.
People complain all the time on this board about cube management's lack of PR, but I see that they are able to hold together and lead a focused group of engineers that are innovating and winning contracts year in and year out. I am not sure if in the end they could handle an onslaught by one of the big boys if they decide to try to crowd them out, I mean if you think the price war on the vcd chips with that noname company was bad, wait till TI or Motorola or Micron starts making dvd big time. So I won't be too upset if cube gets bought out, but I sure as hell better get a stiff premium or plenty of stock in a quality company like intel. |
