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Technology Stocks : Intel Corporation (INTC)
INTC 37.28-0.6%3:59 PM EST

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To: BelowTheCrowd who wrote (142637)9/3/2001 12:10:14 PM
From: Mary Cluney  Read Replies (1) of 186894
 
Michael, <<<I do not think, to quote you, that "processor speed is not and will not be an issue again." I stated that for the busienss use that _I_ deal with, right now, it is generally not a big enough issue to justify spending much money on it. I believe it will be an issue again in the future, when new software comes along that really demands the faster CPUs.>>>

I don't think we are there yet wrt knowing what we are doing integrating technology into the work place. Instead of waiting around looking for the next killer app to make our work easier and then like lemmings all rush out together to upgrade hardware and rewrite procedures, the future of successful companies will be about using technology to eke out sustainable incremental improvements (productivity increases) of say x to xx% per year in an ongoing process.

Even if microprocessor technology currently appear to be advancing at a faster rate than other technologies (software, bandwidth, software, etc), it will be very short lived. Trust me on this. If anything, we are probably more in jeopardy that processor technology will not keep up with other technologies as there are fewer and fewer companies that can advance this technology and the barrier to entry for new entrants is too enormous.

Even if some other technology appear to hit some wall, like you seem to suggest for storage technology (although I believe some form of Moore's Law for storage technology will also apply), human ingenuity will overcome the barrier - like spreading the data around different storage devices and keeping more data in memory, etc.

This is pretty trivial stuff. The momentum for technology advancement is very much entrenched. Barring some stupid man made calamity on some huge scale, there is not much that can stop this movement. People will have to live with this reality. Those that try to fight this will have a difficult time.

Mary
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