Bear fodder, Bull fodder, Seagate, Gorilla game--
""Buy a list of leadership companies, like Seagate, Quantum, Intel, Micron," he said. "They actually stand out in an overvalued market. It's almost a value approach to technology issues."
He cautions against stocks with high valuations in areas like enterprise software, which face more downside risk.
But others see a more structural problem for the PC industry. It used to be that Intel would make faster microprocessors, Microsoft would enlarge its operating system, and customers would buy new PCs to run new applications that took advantage of the changes.
But in an interconnected world, in which the speed limit is imposed not by the computer but by the home user's pokey modem or the corporate customer's creaky network, a 300-megahertz Pentium is not likely to offer significant performance gains over a 166-megahertz chip. Intel has had to respond by dropping processor prices far more rapidly than in the past, and PC manufacturers have followed suit, to entice upgraders.
nytimes.com
Interesting article
Yogi |
