Monaco and all,
There is nothing new about Intel and other tech. stocks in this week's Barron's. I don't know when this interview took place, it does look a few weeks old.
The three money managers were talking about how inventory correction would hurt Intel; how sub-$1000 market will hurt Intel; how AMD and Cyrex will hurt Intel, how Asia problem will drag sales...
Intel's Friday conference call answered all these questions handsomely.
About Sub-$1000 computers: Today, I went to CompuUSA and Best Buy stores to find out what Sub-$1000 systems look and who is the buyer. In CompuUSA, among 30+ different models in display, there is only one computer without monitor marked below $1000 ($899). In Best Buy, among about 20+ displays, only two models sell below $1000, again both without monitors.
For about 20 minutes or so in both stores, I didn't see any customer even ask about those sub-$1000 models. taking to salesman, I was told those very cheap models are not selling well, some people bought it for their kids...
I suggest all of Intel and AMD investors, spend 20 minutes in computer store(s), investigate the market yourself and make sure write what you see to this thread. I am sure the result will be very interesting.
Good investing,
Xy |
