REH,
We all know that the global market may be entering a rather mediocre
declining phase by now, until, I hope, turning back up as usual on the end of the year.
Yet, as far as I look at RMBS, I remain concerned by INTC positioning problems, and by the fact that Motorola never joined (as far as I know) the RMBS bandwagon. How does the Motorola "shibatsu" (with Ericsson and Nokia, for example in Synbiam (not sure of the right spelling) for the future of smart phones and "palm pilot likes") solve their "memory bandwidth problem" ? Look at the Rexx nice toy sold by Philippe Kahn to them.
When Microsoft made its brilliant move by piggy-backing on IBM's reassuring brand recognition, this had to do also with the fact that IBM image stayed good, at least for some years. I do not think that INTC's image is that much good at the moment for the RMBS equivalent of the IP story, as, again, new smart appliances are showing up everyday. Even Heritage Stock Microsoft now is trying very hard to push Windows CE to try to avoid new operating systems coming up from the powerful cellular phone industry.
Still trying to find what is holding strongly downwards RMBS price.
Regards to all, just my two cents
MiB (still long at $61, but will decide in August if I may change) |
