Re: I wish Intel, or INTC, could re-invent one of its well known upward stock price spurts right about now.
Pentium 3 can't keep up with Athlon, Itanium continues to be a no-show as SUN finally gets Ultrasparc III out, and Pentium 4, once regarded as a sure winner has become something of a question mark. So the market is worried that Intel is going to get beaten up over the next 3 quarters, maybe indefinitely.
But on the flip side, the market seems convinced that AMD has already been smashed. Why, I don't know - maybe the 1.13GHZ smokescreen was a success after all. I think Intel will post decent numbers for this quarter, and AMD will post very good numbers, and the market will take AMD's good numbers as indicating strong demand and thus a positive sign for Intel.
If Itanium continues to be a "real soon" chip and Pentium 4 is a ho-hum chip, the slide will continue.
If Pentium 4 can come within 10% of Athlon/PIII clock for clock, and Intel can ship just a few hundred thousand of them in Q4, and release the Itanium, Intel's stock price will rebound.
Just my WAG.
Dan |
