Carl, you still do not see the broad strategy that INTC has executed quite successfully for years, make you money on the high end CPU. With SDRAM and possibly DDR not being able to keep up with CPU speeds, RDRAM was the solution of choice. It may not excel where SDRAM and DDR can still carry the load, but is the solution of choice where the latter simply are out of the game. This strategy of milking the high end is what killed CYRX, kept AMD in the basement for years (and probably will return AMD there if they do not open their eyes), a one year event where the strategy did not work perfectly, does not change that trend. In any event, those "managers" you do derogate, happen to be the "midwives" of the industry and I am sure that they do not let engineers turn them around their fingers, they must be quite familiar with all the engineering details. As for Mike Dell, he would not be where he is, beating the like of IBM, HWP and CPQ (not mentioning burying AST and countless of other "have been"), without knowing where the sweet spot is today and having a good idea where it will be tomorrow.
As for the Bu$$, IMTO, it is now rapidly becoming a "value stock". Unfortunately, it is still in a down trend, and a break of $33 or so may cause a very sharp decline, it is not unusual for severe bear markets to create very uncommon values, and the bu$$ might become such in the next few months. Short term, I would not be surprised (I am kind of counting on it) to see a surge to the $45, maybe even $50 area, after that, the deluge...
Zeev |
