Paul, Re: "Who is to benefit from all of this? Surprisingly, that other technology
bellwether, Intel (INTC), may be in a good position to clean up. Although
competitors AMD (AMD) and National Semiconductor (NSM) are winning
market share on the low end, the sheer volume of cheap PCs being sold means
more sales for all three chipmakers. In addition, Intel has cut costs significantly
over the past 18 months, so that it is far more able to remain profitable even if
its product mix favors cheap PCs. "
Thanks for the article, and good conclusion for once by the author. Most of the rest of the analysts relish saying AMD is eating Intel's lunch as conclusion to an article like this. This guy recognizes Intel's cost cutting over the last 18 months as paying off, and he probably also appreciates Intel's vastly superior process technology and manufacturing, vis a vis those other guys.
I didn't answer your question about my positions or lack of same in Dell. I have none. Going short always seemed like getting in front of a train with Dell, and conversely, I never could get myself to buy a boxmaker stock with a high PE.
Tony |
