>> Lee, if Intel's numbers come out OK (or can be spun to be OK) on Tuesday then it is a dip. <<
That could be a big IF, not sure if they can spin that well with the SEC claiming to be paying more attention to the sharp penciled accounting tricks.
Report from PC World magazine - K6-III vs. PIII
(K6-III)"performed as well as Pentium III's that run at higher clock speeds. In other words, the fastest K6-III 400 performed like a Pentium III 450, and the fastest K6-III 450 performed like a Pentium III 500. Never the less, you should be able to find K6-III PCs selling for $300 to $600 less than comparable PIII systems."
Also ....
NEW YORK (CNNfn) - Eckhard Pfeiffer is blaming overall weakness in the PC business for his company's impending dramatic shortfall in profits.
Pfeiffer, the chief executive of Compaq Computer Corp., said Sunday that his personal conversations with unidentified leaders in the chip and disk drive business indicate that Compaq's problems are not unique.
He said he expects industry growth for the first quarter to be 8 or 9 percent when the final numbers are tallied, not 12 to 13 percent that was expected
biz.yahoo.com
and this from wsj.com
Analyst Don Young of PaineWebber Inc. estimates resellers hold four weeks of sales on their shelves, compared with 12 weeks a year ago. However, the timing and size of Compaq's profit miss suggests the company was required to make significant price concessions on those inventories, Mr. Young said.
He believes the impact of selling even a small amount of discounted PCs could ripple across the industry. He said if demand doesn't accelerate by midyear, price competition will worsen as companies try to hold on to their market share.
Good Luck,
Lee |
