Thread,
May I suggest some comments on these INTC/RMBS news.
On the negative side :
- there is a clear delay now in RMBS royalties ramp-up. As
a french proverb goes, "to-morrow, you get your beard cut
for free", which means that 'yes, you "get" the money, but you just have to wait some more again and again'. We heard some rumours on this some time ago here.
- as Betty stated some time ago, since its IOM like roller-coaster crazy ride, the stock momentum has been broken, and a kind of bad reputation attached to it, even for brave short cycle traders.
On the positive side (I still hold my RMBS as an investor,
until next August as a one-year rule of thumb rule - yes, I know,
I bought at $60, around the market top, I am just learning here):
- smoothing the transition may be a good move : you show the
high end BMW, and you sell the low-end dream of it.
And people may want to buy the high-end immediately, given a
choice between a low-end SDRAM PC and a high-end RDRAM one. I
have seen it in monospace vans, where the high-end model was
the one that sold best, to the surprise of marketing VPs.
- we have seen nightmarish delays in this industry before : just
a tiny company named Microsoft got us used to it (remember when "vaporware" word was coined ?)
- It is of INTC's interest to put pressure on RMBS. I just hope
that RMBS gets in reaction strong second revenue streams, such as TI or Nintendo in its short future. Set-top boxes (some of them non Intel based) may be on their way; An european company makes the ARM chip that was used for the Nintendo64 gamestation. ARM chips may be used in future european appliances too; that might use RDRAM designs. And Europe business state is countercycling now Asia.
- I agree with many people in this thread that Ibexx comments have not been that wrong on the high-tech market until now, but we may get somehow personal here.
- RMBS price may have already reacted to the rumour; Will "sell on
the rumour, buy on the news" true here ?
Well, those were my two cents.
MiB |
